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

Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 11.0%
  • Listing ID: 407704
  • Posted On: Oct 7, 2013
  • Updated On: Oct 12, 2014

Description

17 Unit Mobile Home Park located in West Virginia but near the Loudoun County Virginia line. Great location for commuters. The Shenandoah River provides great recreational uses also.

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Number of MH Lots: 17
Total Occupancy: 92.0 %
Average MH Lot Rent: $425
Size: 13 acre(s)

Financial Information (Actual)

Gross Income: $86,700
Operating Expense: $11,028
Net Operating Income: $75,672
Expense Ratio: 12.7 %

Park-Owned Homes

Number of Park-owned Homes: 11
Average Rent for Park-owned Homes: $565

Similar Mobile Home Parks for Sale