Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 8.2%
- Listing ID: 833094
- Posted On: Jul 17, 2017
- Updated On: Mar 28, 2018
Description
Many vinyl/shingle homes, good lots sizes, and all tenant owned homes. Owner has installed new mailboxes, new road work. Also a new building, pumps and concrete to sewer. Updated landscaping and fencing. For financial information please visit our website at www.birchrealty.com this will be listing #218 on our site. Feel free to contact us at 727-914-8729 or stan1@birchrealty.com.
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 51 |
| Total Occupancy: | 85.0 % |
| Year Built: | 1970 |
| Average MH Lot Rent: | $360 |
| Size: | 17 acre(s) |
Financial Information (Actual)
| Gross Income: | $188,252 |
| Operating Expense: | $75,301 |
| Net Operating Income: | $112,951 |
| Expense Ratio: | 40.0 % |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | Treatment Plant |
