Mobile Home Park Details
- Purchase Method: Seller Financing
- Cap Rate: 7.8%
- Listing ID: 519038
- Posted On: Apr 27, 2015
- Updated On: Aug 1, 2015
Description
Great park for any level of park investor.
16 MHP units and a very nicely renovated 3/2 house. 100% occupied, very quick rental turnover. This park is easy to keep full. Great location in upper end part of town with fantastic schools. Major Shopping Centers in close proximity.
SELLER WILL FINANCE. Call today for details. Sutter County APN 62-372-002
Amenities
- Storage
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 16 |
| Total Occupancy: | 100.0 % |
| Average MH Lot Rent: | $410 |
| Size: | 2 acre(s) |
Financial Information (Actual)
| Gross Income: | $83,700 |
| Operating Expense: | $33,087 |
| Net Operating Income: | $50,612 |
| Expense Ratio: | 39.5 % |
Lot Information
| Singlewide Lots: | 16 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
