Contact Information
Mark Brisebois
Mobile Home Park Details
- Price: $1,500,000
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 7.0%
- Listing ID: 2031602
- Posted On: Feb 9, 2023
- Updated On: Jan 31, 2024
Description
82 lots priced at $18,300 per lot
The only MHP RV in the City
City water and Sewer all utilities paid by tenants
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Number of MH Lots: | 82 |
| Total Occupancy: | 18.3 % |
| Average MH Lot Rent: | $510 |
Financial Information (Actual)
| Gross Income: | $62,400 |
| Operating Expense: | $24,960 |
| Net Operating Income: | $37,440 |
| Expense Ratio: | 40.0 % |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |