Photo of Mobile Home Park
Homes
Road at entrance
Road into park
Photo of Multi Family Housing
Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 10.2%
- Listing ID: 456833
- Posted On: Jun 26, 2014
- Updated On: Mar 31, 2015
Description
41 space mobile home park with 4 permanent homes, 1 leasing office, and a studio apartment. Total of 46 rentable units. 22 park owned homes.
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 46 |
| Size: | 2 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $180 |
| Operating Expense: | $57 |
| Net Operating Income: | $122 |
| Expense Ratio: | 31.7 % |
Lot Information
| Triplewide Lots: | 0 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 21 |
| Average Rent for Park-owned Homes: | $384 |
