Luray Mobile Home Park
Luray Mobile Home Park
Luray Mobile Home Park
Luray Mobile Home Park
Luray Mobile Home Park
Luray Mobile Home Park
Luray Mobile Home Park
Mobile Home Park Details
- Purchase Method: Seller Financing
- Cap Rate: 7.3%
- Listing ID: 826988
- Posted On: Jun 27, 2017
- Updated On: Dec 30, 2021
Description
39 Space Mobile Home Park, 100 miles west of Washington D.C. — All park owned homes. 2 vacant units, lot rent is $260. The property is serviced by a well and septic tank. Electric is serviced by the city and is direct billed to the tenants. Seller financing available!
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 39 |
| Total Occupancy: | 100.0 % |
| Average MH Lot Rent: | $260 |
| Size: | 10 acre(s) |
Financial Information (Actual)
| Gross Income: | $90,570 |
| Operating Expense: | $21,024 |
| Net Operating Income: | $69,546 |
| Expense Ratio: | 23.2 % |
Lot Information
| Singlewide Lots: | 39 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 39 |
| Average Rent for Park-owned Homes: | $260 |
