Mobile Home Park Details

  • Purchase Method: Cash
  • Listing ID: 476650
  • Posted On: Oct 13, 2014
  • Updated On: Sep 24, 2015

Description

About 30 minutes to Charlotte. 15 large lots on three streets.. Can be deeded separately. Zoning no longer allows mobile lots like these. Long time owner occupants. Rents are way under the market.
Sell all as package, or can be split into 4, 5, or 6 units.

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Park Information

Community Type: All Age
Number of MH Lots: 15
Total Occupancy: 100.0 %
Year Built: 1992
Average MH Lot Rent: $200
Size: 14 acre(s)

Financial Information

Gross Income: $37,000
Operating Expense: $3,500
Net Operating Income: $33,500
Expense Ratio: 9.5 %
Debt Info: none

Lot Information

Singlewide Lots: 15

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

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