Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash
- Listing ID: 514633
- Posted On: Mar 27, 2015
- Updated On: Apr 5, 2016
Description
Clearview Mobile Home Community represents an exceptional investment opportunity. Located within 10 minutes of the University of Oklahoma campus, just off highway 77, it has an excellent potential to add value by building on the existing revenue base. The property consists of 100 permanent mobile home spaces and 41 RV spaces. Space rent of $175 to $190 per month, which includes water, sewer and trash, is below market. RV rent is $300 per month which includes all utilities.
Accepting offers until April 12, 2015.
Amenities
- Laundromat
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 100 |
| Total Occupancy: | 94.0 % |
| Average MH Lot Rent: | $185 |
Financial Information (Pro Forma)
| Gross Income: | $410,050 |
| Operating Expense: | $239,310 |
| Net Operating Income: | $170,740 |
| Expense Ratio: | 58.4 % |
Lot Information
| Singlewide Lots: | 100 |
RV Information
| Number of RV Lots: | 41 |
| Average RV Lot Rent: | $300 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
Park-Owned Homes
| Number of Park-owned Homes: | 11 |
| Average Rent for Park-owned Homes: | $485 |
