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
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

  • Purchase Method: Cash
  • Cap Rate: 7.5%
  • Listing ID: 886553
  • Posted On: Dec 15, 2017
  • Updated On: Apr 22, 2024

Description

* 17 Unit Mobile Home Park in Graham Washington. * 5 Park like acres with 16 Double Wide Mobiles and 1 Triple * A 3 Bed 1.75 Bath and 4 Bed 3 Bath Double Wide are included in the sale * $114,660 Gross Proforma Rents with an $80,252 Projected Net * On Public Water with 17 individual septics * All Age All Double Wide park with Blacktop Drive * $515 Space Rents for 2018 on 15 Leased Spaces and $900. Monthly on each of the Park Owned Mobiles which are currently vacant * Close to Schools, Shopping, Restaurants, and Churches * Check out this Beautifully Maintained Pride of Ownership Park Today...
Note: Please Drive through the park with Discretion and call Dave Hilbert at 425-280-6542 to discuss any questions.

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Park Information

Community Type: All Age
Number of MH Lots: 17
Total Occupancy: 70.0 %
Year Built: 1986
Average MH Lot Rent: $517
Size: 5 acre(s)

Financial Information (Pro Forma)

Gross Income: $114,660
Operating Expense: $34,408
Net Operating Income: $80,252
Expense Ratio: 30.0 %
Debt Info: 0

Lot Information

Doublewide Lots: 16
Triplewide Lots: 1

RV Information

Number of RV Lots: 0

Utility Information

Water: City
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 2
Average Rent for Park-owned Homes: $517

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