Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park

Mobile Home Park Details

  • Cap Rate: 14.0%
  • Listing ID: 486243
  • Posted On: Nov 26, 2014
  • Updated On: Jan 27, 2015

Description

Revised info below.

Please see full attached Marketing Package for this 2 property package. Combined properties offer 86 lots paying $200/month in lot rent. Total package includes all park-owned homes, office building and storage area. Asking price for entire package $2,120,000

NOI estimated to be $330,000.

Please see attached and call with any questions.

Amenities

  • Storage
Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: All Age
Number of MH Lots: 87
Total Occupancy: 99.0 %
Year Built: 1990
Average MH Lot Rent: $200
Size: 6 acre(s)

Financial Information (Actual)

Gross Income: $580,000
Operating Expense: $244,900
Net Operating Income: $335,100
Expense Ratio: 42.2 %

RV Information

Number of RV Lots: 0

Utility Information

Water: City
Water Paid By: Park
Sewer: Septic

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