Photo of Mobile Home Community
Mobile Home Park Details
- Cap Rate: 11.0%
- Listing ID: 484588
- Posted On: Nov 15, 2014
- Updated On: Dec 4, 2015
Description
Turn Key MHP Business; Please email me for info on this property
Amenities
- Laundromat
- Club House
- Handicap Accessible
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 139 |
| Total Occupancy: | 93.0 % |
| Average MH Lot Rent: | $238 |
| Size: | 17 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $455,706 |
| Operating Expense: | $140,046 |
| Net Operating Income: | $315,660 |
| Expense Ratio: | 30.7 % |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 34 |
| Average Rent for Park-owned Homes: | $425 |
