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 |
