Mobile Home Park Details

  • Purchase Method: Seller Financing
  • Cap Rate: 11.0%
  • Listing ID: 510807
  • Posted On: Feb 25, 2015
  • Updated On: Jun 3, 2015

Description

51 homes, 1 duplex, and 1 commercial lot available, licensed for 56 homes. Excellent location with city water and sewer. Includes many well maintained rental homes.
Owners are very motivated and will help finance. Price based on 11 cap.

For details contact: JOE LAMONICA AT 330-575-3606

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

Park Information

Community Type: All Age
Number of MH Lots: 51
Total Occupancy: 100.0 %
Average MH Lot Rent: $374

Financial Information

Gross Income: $236
Operating Expense: $66
Net Operating Income: $169
Expense Ratio: 28.0 %

Utility Information

Water: City
Water Paid By: Park
Sewer: City

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