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, New Loan, Assumable Loan
  • Cap Rate: 11.3%
  • Listing ID: 549776
  • Posted On: Jul 25, 2015
  • Updated On: Apr 25, 2016

Description

69 Spaces situated on 5.2 acres in the City of Klamath Falls. 29 mh spaces 40 rv spaces 3 separate shop buildings. 11 Park owned MH.

Amenities

  • Laundromat
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Park Information

Community Type: All Age
Number of MH Lots: 29
Year Built: 0
Average MH Lot Rent: $290
Size: 5 acre(s)

Financial Information (Actual)

Gross Income: $223
Operating Expense: $127
Net Operating Income: $96
Expense Ratio: 57.0 %
Debt Info: $330,000, 8%, $3,781.90/month

Lot Information

Singlewide Lots: 24
Doublewide Lots: 5

RV Information

Number of RV Lots: 40
Average RV Lot Rent: $290

Utility Information

Water: Well
Water Paid By: Park
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 11
Average Rent for Park-owned Homes: $470