Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash
- Cap Rate: 9.0%
- Listing ID: 614702
- Posted On: Jan 4, 2016
- Updated On: Jan 10, 2017
Description
Back on the market at a reduced price!!
Well located park just north of Weavers Corner in North Fort Myers Florida close to shopping. Well established and maintained. 45 MH and 38 RV lots. Office and recreational facility, laundry, storage building, vehicle storage area, 2 efficiency apartments.
Amenities
- Laundromat
- Club House
- Storage
- Handicap Accessible
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Park Information
| Community Type: | 55 And Over |
| Number of MH Lots: | 45 |
| Total Occupancy: | 95.0 % |
| Average MH Lot Rent: | $385 |
| Size: | 7 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $422 |
| Operating Expense: | $125 |
| Net Operating Income: | $281 |
| Expense Ratio: | 29.6 % |
| Debt Info: | 0 |
RV Information
| Number of RV Lots: | 38 |
| Average RV Lot Rent: | $483 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
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