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: New Loan
- Cap Rate: 8.2%
- Listing ID: 432345
- Posted On: Apr 15, 2014
- Updated On: Aug 14, 2014
Description
INVESTORS! Mobile Home Park For Sale OWNER RETIRING!
100% OCCUPANCY
All units are on City sewer and City water
Tenants pay Electricity (sub-metered) Gas (Sub-metered) Trash (Flat fee) Sewer (flat fee)
Landlord pays water
25 units with fenced yards:
20 mobile units ( 14 Mobile Homes + 6 RV trailers)
2 duplex units (2 - 2bedroom, 1bath) + (2 - 1bedroom, 1bath)
1 2bedroom, 1bath house with garage
Third Party Coin Operated Laundry on-site (2 Washers & 3 Dryers)
Amenities
- Laundromat
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Total Occupancy: | 100.0 % |
| Year Built: | 1950 |
Financial Information (Actual)
| Gross Income: | $155,052 |
| Operating Expense: | $48,156 |
| Net Operating Income: | $106,896 |
| Expense Ratio: | 31.1 % |
| Debt Info: | New Loan |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
