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
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: 14.0%
  • Listing ID: 426914
  • Posted On: Mar 2, 2014
  • Updated On: Oct 2, 2014

Description

Great income producing investment in Murray County, GA with as many as 25 spaces for rent and fifteen mobile homes owned and rented by seller Financial information is based on fifteen occupied homes. At the time of this listing there are twelve occupied with one to be rented very soon and two to be remodeled then rented. Great place to live! Units fill fast!
Financial information is based on fifteen occupied homes. At the time of this listing there are twelve occupied with one to be rented very soon and two to be remodeled then rented. Units fill fast with an additional 10 spaces ready for homes to produce much more income! Great place to live!

Location

Chatsworth, GA

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Park Information

Community Type: All Age
Number of MH Lots: 25
Total Occupancy: 93.0 %
Year Built: 0
Average MH Lot Rent: $525
Size: 10 acre(s)

Financial Information (Pro Forma)

Gross Income: $88,850
Operating Expense: $23,000
Net Operating Income: $65,850
Expense Ratio: 25.9 %
Debt Info: based on all 15 occupied 14 occupied currently

RV Information

Number of RV Lots: 0
Average RV Lot Rent: $0

Utility Information

Water: City
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 15
Average Rent for Park-owned Homes: $525

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