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: 822107
  • Posted On: Jun 12, 2017
  • Updated On: Jul 31, 2017

Description

Northgate: Paved road. 100% occupied. 5 minutes to shopping, restaurants, hospital and super Walmart. Quiet country setting. includes 2 brick houses with new metal roofs, 1 large 4 bedroom doublewide on its own lot and 1 large 5 bedroom double wide. all other units are singlewides. several of the units come with a storage building. Many long term tenants. very popular park. good tenants.

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Park Information

Community Type: All Age
Number of MH Lots: 28
Total Occupancy: 100.0 %

Financial Information

Gross Income: $180,048
Operating Expense: $37,329
Net Operating Income: $142,719
Expense Ratio: 20.7 %

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