Mobile Home Park Details

  • Purchase Method: Cash
  • Cap Rate: 10.0%
  • Listing ID: 465798
  • Posted On: Aug 17, 2014
  • Updated On: Mar 31, 2015

Description

94 pad park with 3 BR house and restaurant bldg.
CONTACT: JOE LAMONICA @ 330-497-7405, 330-575-3606
gojets1961@gmail.com

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Park Information

Community Type: All Age
Number of MH Lots: 94
Total Occupancy: 90.0 %
Average MH Lot Rent: $270
Size: 9 acre(s)

Financial Information (Actual)

Gross Income: $308
Operating Expense: $132
Net Operating Income: $175
Expense Ratio: 42.9 %

Utility Information

Water: City
Water Paid By: Tenant - RUBs
Sewer: City

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