Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 8.0%
- Listing ID: 627281
- Posted On: Feb 1, 2016
- Updated On: May 29, 2016
Description
Very Clean no deferred maintenance 37 address's MHP located on the east coast of Florida with over 135 feet frontage on the intercoastal waterway. includes 6 buildings with 11 rentals (SF's and Duplex's and workshop buildings),
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 24 |
| Total Occupancy: | 90.0 % |
| Average MH Lot Rent: | $330 |
| Size: | 3 acre(s) |
Financial Information (Actual)
| Gross Income: | $160 |
| Operating Expense: | $60,000 |
| Net Operating Income: | $100,000 |
| Expense Ratio: | 37500.0 % |
Lot Information
| Singlewide Lots: | 23 |
| Doublewide Lots: | 0 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
RV Information
| Number of RV Lots: | 0 |
| Average RV Lot Rent: | $0 |
Park-Owned Homes
| Number of Park-owned Homes: | 5 |
| Average Rent for Park-owned Homes: | $500 |
