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: 10.0%
  • Listing ID: 551648
  • Posted On: Aug 4, 2015
  • Updated On: Mar 21, 2022

Description

6 residential lots
2 doublewides
1 singlewide
2 houses
1 extra lot

Location

Great location

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Park Information

Community Type: All Age
Number of MH Lots: 6
Total Occupancy: 100.0 %
Year Built: 1970
Average MH Lot Rent: $645
Size: 3 acre(s)

Financial Information (Actual)

Gross Income: $38,700
Operating Expense: $8,940
Net Operating Income: $29,760
Expense Ratio: 23.1 %

Lot Information

Triplewide Lots: 6

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 5
Average Rent for Park-owned Homes: $645