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: 13.5%
- Listing ID: 638523
- Posted On: Feb 26, 2016
- Updated On: Sep 17, 2017
Description
Quiet wooded 4.5 acre lot. This park contains 14 mobile home spaces with 13 park owned homes in addition to 9 RV slots. Great investment opportunity for the right person.
Amenities
- Storage
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 14 |
| Total Occupancy: | 69.0 % |
| Year Built: | 1984 |
| Average MH Lot Rent: | $325 |
| Size: | 5 acre(s) |
Financial Information (Actual)
| Gross Income: | $27,216 |
| Operating Expense: | $9,669 |
| Net Operating Income: | $17,547 |
| Expense Ratio: | 35.5 % |
| Debt Info: | None |
Lot Information
| Singlewide Lots: | 14 |
| Doublewide Lots: | 0 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
RV Information
| Number of RV Lots: | 9 |
| Average RV Lot Rent: | $200 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 13 |
| Average Rent for Park-owned Homes: | $325 |