Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 6.5%
- Listing ID: 2538418
- Posted On: Apr 18, 2023
- Updated On: Oct 5, 2023
Description
Price Reduced! 19 space park all occupied tenant owned homes - city water and sewer.
Listed In Cooperation with:
Tomi Jo Lynch, SIOR, CCIM
NV #B/S.0144992
Broker of Record
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Number of MH Lots: | 19 |
| Total Occupancy: | 100.0 % |
| Average MH Lot Rent: | $440 |
| Size: | 1 acre(s) |
Financial Information (Actual)
| Gross Income: | $101,734 |
| Operating Expense: | $40,133 |
| Net Operating Income: | $90,000 |
| Expense Ratio: | 39.4 % |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | City |