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: Cash
  • Cap Rate: 8.0%
  • Listing ID: 413539
  • Posted On: Nov 6, 2013
  • Updated On: May 24, 2014

Description

30 spaces and 7 rental homes totaling 37 total spaces and units. No park owned homes on the 30 spaces. Strong historical occupancy with excellent location. 37 spaces/units are on 4.45 acres of commercially zoned land!

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Park Information

Community Type: All Age
Number of MH Lots: 37
Total Occupancy: 100.0 %
Year Built: 1957
Average MH Lot Rent: $280
Size: 5 acre(s)

Financial Information (Actual)

Gross Income: $143,910
Operating Expense: $57,744
Net Operating Income: $86,136
Expense Ratio: 40.1 %
Debt Info: free and clear

Utility Information

Water: City
Water Paid By: Park
Sewer: City