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: Cash, New Loan
- Cap Rate: 13.0%
- Listing ID: 412779
- Posted On: Oct 30, 2013
- Updated On: Apr 6, 2017
Description
There is huge potential for this mobile home park for improvements and increase income potential. Well established park. Half hour away from Minneapolis St.Paul.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 105 |
| Total Occupancy: | 38.0 % |
| Average MH Lot Rent: | $300 |
| Size: | 26 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $213 |
| Operating Expense: | $107,400 |
| Net Operating Income: | $106 |
| Expense Ratio: | 50422.5 % |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | City |