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: 9.0%
- Listing ID: 684293
- Posted On: Jul 3, 2016
- Updated On: Jan 4, 2017
Description
BNS is a 31 unit all age community located in an excellent rental market in Jacksonville, FL. The park consists of two single wide trailers, two cottages and 25 double wide homes. All mobile homes are 3 bedroom. Additionally included in the price are two single family homes owned by the Sellers. Both are very nice homes of 2,733 and 3,049 sf each.
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 29 |
| Total Occupancy: | 96.0 % |
| Year Built: | 1977 |
| Average MH Lot Rent: | $690 |
| Size: | 18 acre(s) |
Financial Information (Actual)
| Gross Income: | $236,822 |
| Operating Expense: | $85,078 |
| Net Operating Income: | $151,744 |
| Expense Ratio: | 35.9 % |
| Debt Info: | Cash |
Lot Information
| Singlewide Lots: | 2 |
| Doublewide Lots: | 25 |
Park-Owned Homes
| Number of Park-owned Homes: | 31 |
| Average Rent for Park-owned Homes: | $690 |
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