Mobile Home Park Details

  • Purchase Method: New Loan
  • Listing ID: 357733
  • Posted On: Jan 13, 2013
  • Updated On: Jul 15, 2013

Description

PRINCIPALS ONLY
PLEASE DO NOT CONTACT TENANTS OR MANAGEMENT
8 TENANT OWNED HOMES
GROSS INCOME OF $930,000
NOI OF $410,000
CAP RATE OF 9%

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Park Information

Community Type: All Age
Number of MH Lots: 115
Total Occupancy: 93.3 %
Average MH Lot Rent: $350
Size: 10 acre(s)

RV Information

Number of RV Lots: 0
Average RV Lot Rent: $0

Utility Information

Water: City
Water Paid By: Tenant - Submetered
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 107
Average Rent for Park-owned Homes: $650