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: 820653
  • Posted On: Jun 7, 2017
  • Updated On: Sep 5, 2017

Description

Located next to an elementary school. quiet area. good tenants. 10 mobile homes and a house with a 4 car garage. 8 of the units are rented. 3 units just need some repairs and they will rent. 8 water taps.

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Park Information

Community Type: All Age
Number of MH Lots: 11
Average MH Lot Rent: $500

Financial Information

Gross Income: $49,500
Operating Expense: $9,674
Net Operating Income: $39,826
Expense Ratio: 19.5 %

Park-Owned Homes

Number of Park-owned Homes: 11
Average Rent for Park-owned Homes: $500

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