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
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

  • Cap Rate: 7.5%
  • Listing ID: 794957
  • Posted On: Mar 24, 2017
  • Updated On: Jan 9, 2018

Description

The entrance is attractive and the interior streets are paved and well maintained. There is a laundry with coin operated washers and dryers and a recreation hall. The residents enjoy the use of fishing piers, a boat ramp and rental covered boat stalls. There is a kitchen for resident use in the recreation hall. There is an additional mobile home used as a manager’s residence. A new sea wall is in place.

Amenities

  • Laundromat
  • Club House
  • Storage
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Park Information

Community Type: 55 And Over
Number of MH Lots: 61
Total Occupancy: 100.0 %
Year Built: 1982
Average MH Lot Rent: $425
Size: 13 acre(s)

Financial Information (Pro Forma)

Gross Income: $456
Operating Expense: $170
Net Operating Income: $285
Expense Ratio: 37.3 %
Debt Info: 0.00

RV Information

Number of RV Lots: 26

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

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