Country Living Estates - for Sale in Beaver, Utah
1361 N. Elm Tree Lane
Beaver, UT 84713
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Broker Information
Cindy CrosmanCambridge Real Estate Group of St. George
Mobile Home Park for Sale |
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| Number of MH Lots: | 23 |
| Size: | 3.7 acre(s) |
| Cap Rate: | 9.1% |
| Purchase Method: | Cash, New Loan |
| Status: | Active |
| Property ID: | 20065 |
| Posted on: | Mar 08, 2011 |
| Updated on: | Mar 08, 2011 |
| Price: | $995,000 |
Property Description
Country Living Estates has 23 park owned units on 3.7 acres located in the city limits of Beaver. 12 of the spaces are large lot sizes (.19 acre). Approximately 9.1% cap rate. All utilities to each unit are paid by the tenants. Information deemed reliable but not quaranteed. Square footage varies per unit. Sales portfolio available for review.
Location Description
Traveling on I-15 take Exit 112 head East, Left on 1175 North and left on Old Highway 91 to Elm Tree Lane.
Park Information
| Number of MH Lots: | 23 |
| Year Built: | 0 |
| Average MH Lot Rent: | $431 |
| Size: | 3.7 acre(s) |
Financial Information (Actual)
| Gross Income | $113,031 |
| Operating Expense | $22,466 |
| Net Operating Income | $90,565 |
| Expense Ratio | 19.9% |
| Debt Info | Not assumable |
Lot Information
| Singlewide Lots: | 23 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 23 |
| Average Rent for Park-owned Homes: | $431 |
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