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, New Loan
- Listing ID: 719616
- Posted On: Nov 7, 2016
- Updated On: Apr 2, 2017
Description
56 unit Park 43 units in place. PLEASE DO YOUR DUE DILIGENCE & INSPECTIONS BEFORE YOU SUBMIT AN OFFER. ADDRESS IS ACTUAL, YOU MAY GO INSPECT PARK AT YOUR LIESURE. CALL 727 389 3082 HARRY. Thank you.
56 Unit Mobile Home Park - 43 Mobiles in place, All units are Park owned at this time. Infrastructure in place for remaining units. City water Metered separate to tenants, Newer Septic. Paved roads, Shop/Storage building and Steel Storage Container. All on 6.4 + - Acres Outside city limits. 1 mile from Wal-Mart, RTE 60, RTE 27.
Monthly Expenses; Trash - $500. Management / Maint. - $2000. Materials $500. Electric $200.+- Ins. $500.+- Landscape $500. Taxes $1200. Some amounts may vary.
Annual Expenses Approx. $48,000.
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: | 56 |
| Total Occupancy: | 96.0 % |
| Year Built: | 1982 |
| Average MH Lot Rent: | $500 |
| Size: | 6 acre(s) |
Financial Information (Actual)
| Gross Income: | $238,800 |
| Operating Expense: | $46,000 |
| Net Operating Income: | $196,800 |
| Expense Ratio: | 19.3 % |
Lot Information
| Singlewide Lots: | 56 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 43 |
| Average Rent for Park-owned Homes: | $500 |
