Imperial Mobile Home Park
Imperial Mobile Home Park
Imperial Mobile Home Park
Imperial Mobile Home Park
Imperial Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 400138
- Posted On: Sep 7, 2013
- Updated On: Mar 12, 2014
Description
Approx. 120 sites occupied with 162 available .approx. 40 sites vacant giving plenty of room to add additional units .2 br apt. with office space and a laundry attached .Asphalt roads and in a prime location near one of the largest GM plants in the country
Amenities
- Laundromat
- Storage
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 162 |
| Total Occupancy: | 75.0 % |
| Year Built: | 1960 |
| Average MH Lot Rent: | $300 |
| Size: | 25 acre(s) |
Financial Information (Actual)
| Gross Income: | $421,000 |
| Operating Expense: | $87,535 |
| Net Operating Income: | $333,448 |
| Expense Ratio: | 20.8 % |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 30 |
| Average Rent for Park-owned Homes: | $300 |
