Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park

Mobile Home Park Details

  • Purchase Method: New Loan
  • Cap Rate: 7.8%
  • Listing ID: 402603
  • Posted On: Sep 17, 2013
  • Updated On: Sep 22, 2014

Description

Oakland Park is a 216 site mobile home park located in Austin, MN that sold in May, 2014.

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Park Information

Community Type: All Age
Number of MH Lots: 217
Total Occupancy: 50.0 %
Year Built: 1963
Average MH Lot Rent: $273
Size: 36 acre(s)

Financial Information

Gross Income: $342,168
Operating Expense: $190,530
Net Operating Income: $151,638
Expense Ratio: 55.7 %

Utility Information

Water: City
Water Paid By: Park
Sewer: City

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