Mobile Home Park Details

  • Purchase Method: Cash
  • Cap Rate: 13.7%
  • Listing ID: 690889
  • Posted On: Jul 26, 2016
  • Updated On: Apr 26, 2017

Description

Very clean and easy to keep up with 5 unit Mobile home park. All units are park owned well maintained and fully occupied. The park sits on a large 2 acre parcel.

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: All Age
Number of MH Lots: 5
Total Occupancy: 100.0 %
Average MH Lot Rent: $590
Size: 2 acre(s)

Financial Information

Gross Income: $35
Operating Expense: $8
Net Operating Income: $27
Expense Ratio: 22.9 %

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 5
Average Rent for Park-owned Homes: $590