Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 8.4%
- Listing ID: 417533
- Posted On: Dec 6, 2013
- Updated On: Aug 27, 2014
Description
Perfect Starter Park. 100% Occupied. 8.41% CAP.
Great Setting near Retail services. City Water & Sewer.
Please see attached package for full P&L, rent roll etc.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 17 |
| Total Occupancy: | 100.0 % |
| Average MH Lot Rent: | $275 |
| Size: | 2 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $67,004 |
| Operating Expense: | $21,091 |
| Net Operating Income: | $49,213 |
| Expense Ratio: | 31.5 % |
| Debt Info: | No Debt - Seller Finance Available |
Lot Information
| Singlewide Lots: | 17 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - RUBs |
| Sewer: | City |
