Mobile Home Park Details
- Purchase Method: Cash
- Listing ID: 427372
- Posted On: Sep 5, 2014
- Updated On: Mar 17, 2015
Description
These twelve houses are affordable housing rental units for single families. Each one varies slightly in style and all are located in a nice residential neighborhood. Seven of the homes are currently rented or rentable. An additional two units need slight improvements to be rentable, and the remaining three will need renovating.
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Park Information
| Size: | 4 acre(s) |
Financial Information
| Gross Income: | $25,200 |
| Operating Expense: | $16,600 |
| Net Operating Income: | $8,600 |
| Expense Ratio: | 65.9 % |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 12 |
| Average Rent for Park-owned Homes: | $350 |