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
- Cap Rate: 6.6%
- Listing ID: 775279
- Posted On: Jan 3, 2017
- Updated On: May 30, 2017
Description
Atwater Mobile Home Park is located at 2065 Atwater Boulevard in Atwater, CA. The property consists of 18 mobile home sites and six apartments. This community was built in 1958 on approximately 1.5 acres. Landlord pays water, trash, and sewer. Residents pay for electricity and gas. There are eight park-owned homes and 5 vacant sites.
Amenities
- Laundromat
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 18 |
| Total Occupancy: | 79.0 % |
| Year Built: | 1958 |
| Average MH Lot Rent: | $350 |
| Size: | 2 acre(s) |
Financial Information (Actual)
| Gross Income: | $104,108 |
| Operating Expense: | $44,669 |
| Net Operating Income: | $59,439 |
| Expense Ratio: | 42.9 % |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
