Mobile Home Park Details
- Purchase Method: Cash
- Cap Rate: 12.0%
- Listing ID: 429972
- Posted On: Mar 26, 2014
- Updated On: Mar 29, 2017
Description
this 80 pad park on 15 acres has a huge upside. only half of the lots are being used. rents are low at $130. Everything is seperately metered and park is hilly with pines and hardwood for shade. park is also on county water and sewer. Park will netted about 45k last /yr. owner is asking $535k all cash..see this and more at EMCATLANTA.COM
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 80 |
| Total Occupancy: | 50.0 % |
| Average MH Lot Rent: | $130 |
| Size: | 15 acre(s) |
Financial Information
| Gross Income: | $75 |
| Net Operating Income: | $60 |
Lot Information
| Singlewide Lots: | 80 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |