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, Seller Financing, New Loan
  • Cap Rate: 9.0%
  • Listing ID: 1003221
  • Posted On: Oct 29, 2018
  • Updated On: Apr 10, 2019

Description

Great starter park with lots of desirable features!

*City Water
*City Sewer
*All resident owned homes
*sub-metered
*Owner financing opportunities
*80% occupancy (4 sites still available to bring additional rents)
*Area for expansion

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: All Age
Number of MH Lots: 20
Total Occupancy: 80.0 %
Year Built: 1970
Average MH Lot Rent: $294
Size: 7 acre(s)

Financial Information

Gross Income: $56,400
Operating Expense: $17,155
Net Operating Income: $39,245
Expense Ratio: 30.4 %

Lot Information

Singlewide Lots: 14
Doublewide Lots: 2

Utility Information

Water: City
Water Paid By: Park
Sewer: City

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