Mobile Home Park Details

  • Purchase Method: Cash
  • Listing ID: 506604
  • Posted On: Jan 31, 2015
  • Updated On: Nov 11, 2015

Description

24 revenue producing spaces with Gross Income of $100000/year plus $24000/year from notes secured from mobile homes in the park notes per year located on Major Highway with 900 feet of frontage with 2 vacant commercial properties adjoining mobile home park on a total of 7 acres.

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Park Information

Community Type: All Age
Number of MH Lots: 24
Total Occupancy: 100.0 %
Year Built: 60
Average MH Lot Rent: $347
Size: 7 acre(s)

Financial Information

Gross Income: $100,000
Operating Expense: $30,000
Net Operating Income: $70,000
Expense Ratio: 30.0 %

Lot Information

Singlewide Lots: 20
Doublewide Lots: 3

RV Information

Number of RV Lots: 1

Utility Information

Water: City
Water Paid By: Park
Sewer: City

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