Blue Jay Mobile Home Park - for Sale in Cedar City, Utah
479 N. 400 West
Cedar City, UT 84721
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Broker Information
Cindy CrosmanCambridge Real Estate Group of St. George
Mobile Home Park for Sale |
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| Number of MH Lots: | 10 |
| Size: | 0.8 acre(s) |
| Cap Rate: | 7.5% |
| Purchase Method: | Cash, New Loan |
| Status: | Active |
| Property ID: | 72316 |
| Posted on: | Jun 05, 2011 |
| Updated on: | Jun 05, 2011 |
| Price: | $354,000 |
Property Description
Blue Jay Mobile Home Park includes 10 spaces plus one house on .78 acre. All 10 spaces are occupied by tenant owned units. Approximately 7.5% cap rate. Great cash flow property. Sales portfolio available for review. Information deemed reliable but not guaranteed.
Location Description
Blue Jay Mobile Home Park is located in Cedar City, Utah. Traveling on I-15 take Exit 59 head East to 400 West. Left on 400 West to 475 North.
Park Information
| Number of MH Lots: | 10 |
| Total Occupancy: | 100.0% |
| Year Built: | 19 |
| Average MH Lot Rent: | $245 |
| Size: | 0.8 acre(s) |
Financial Information (Actual)
| Gross Income | $35,400 |
| Operating Expense | $8,857 |
| Net Operating Income | $26,543 |
| Expense Ratio | 25.0% |
| Debt Info |
Lot Information
| Singlewide Lots: | 10 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 1 |
| Average Rent for Park-owned Homes: | $500 |
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