Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 371258
- Posted On: May 10, 2013
- Updated On: Nov 15, 2013
Description
Nice Park! Currently undergoing new cedar siding on mobiles. Very good cash flow. All electric park Tenants pay own utilities. Trash water paid by park
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Park Information
| Number of MH Lots: | 62 |
| Total Occupancy: | 70.0 % |
| Average MH Lot Rent: | $450 |
Financial Information (Actual)
| Gross Income: | $15,000 |
| Operating Expense: | $10,000 |
| Net Operating Income: | $3 |
| Expense Ratio: | 66.7 % |
Lot Information
| Singlewide Lots: | 52 |
| Doublewide Lots: | 5 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 50 |
| Average Rent for Park-owned Homes: | $450 |