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Photo of Mobile Home Park
Photo of Mobile Home Park
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Photo of Mobile Home Park
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Photo of Land Lease Community
Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 8.2%
- Listing ID: 465922
- Posted On: Aug 19, 2014
- Updated On: Oct 2, 2014
Description
33 lots, including 2 mobile homes. One is 14'x60' built in 1996. one is 14'x56' built in 2006. Getting $1,090/month rental income from each home. Close to Nashua, Hudson and Londonderry. Nice quiet mobile home park. Steady tenants. Town water and septic. Low maintenance.
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 33 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1965 |
| Average MH Lot Rent: | $430 |
| Size: | 6 acre(s) |
Financial Information (Actual)
| Gross Income: | $180,744 |
| Operating Expense: | $44,572 |
| Net Operating Income: | $136,172 |
| Expense Ratio: | 24.7 % |
| Debt Info: | 08/19/2014 |
Lot Information
| Singlewide Lots: | 33 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | Septic |
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