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

  • Purchase Method: Cash
  • Cap Rate: 4.5%
  • Listing ID: 549577
  • Posted On: Jul 23, 2015
  • Updated On: Feb 2, 2016

Description

Pride of ownership park! City water, city sewer, paved road and drives. All 10 homes are manufactured, on permanent foundations, and have attached garages. No park owned homes. The park was built in 1991. All ages park, but mostly older tenant/owners. No vacancies. Upside potential by tenant bill back for utilities. For a complete package go to: www.westernequities.com or call Randy Smith at: 503-320-3030.

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Park Information

Community Type: All Age
Number of MH Lots: 10
Total Occupancy: 100.0 %
Year Built: 1991
Average MH Lot Rent: $603
Size: 2 acre(s)

Financial Information (Actual)

Gross Income: $71,796
Operating Expense: $36,260
Net Operating Income: $38,414
Expense Ratio: 50.5 %
Debt Info: No loan on property

RV Information

Number of RV Lots: 0

Utility Information

Water: City
Water Paid By: Park
Sewer: City