Photo of Mobile Home Park
Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Seller Financing
- Cap Rate: 14.0%
- Listing ID: 478204
- Posted On: Oct 19, 2014
- Updated On: Feb 11, 2016
Description
Country Living, spacious acreage, Individual metered Water from Water Department and individual septic systems. Cash cow that keeps on giving!
14% Cap Rate with Excellent Seller Financing
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 9 |
| Total Occupancy: | 100.0 % |
| Year Built: | 2000 |
| Average MH Lot Rent: | $275 |
| Size: | 5 acre(s) |
Financial Information (Actual)
| Gross Income: | $69 |
| Operating Expense: | $19 |
| Net Operating Income: | $43 |
| Expense Ratio: | 27.5 % |
| Debt Info: | 0 |
Lot Information
| Singlewide Lots: | 9 |
| Doublewide Lots: | 0 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
RV Information
| Number of RV Lots: | 0 |
| Average RV Lot Rent: | $0 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 8 |
| Average Rent for Park-owned Homes: | $600 |