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Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 10.1%
- Listing ID: 72378
- Posted On: Jun 6, 2011
- Updated On: Jul 18, 2017
Description
Price Reduced! Well-kept 10 space family park on 1.09 acres - a steady 'coupon clipper' type property with a 10.1% Cap Rate and solid cash flow!
Perfect for retiree: live onsite and the park pays your housing costs and generates a substantial income to boot! The Verde Valley is beautiful, peaceful and boasts a temperate climate at 3500 ft. elevation. Cottonwood is a great place to retire to! Think about it!
Location
Excellent residential location in the high demand Cottonwood market - situated in Central Arizona's beautiful Verde Valley!
Click on the Marketing Prospectus for complete details.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Financial Information
| Gross Income: | $56 |
| Operating Expense: | $15 |
| Net Operating Income: | $40 |
| Expense Ratio: | 26.8 % |