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: 12.0%
- Listing ID: 1014350
- Posted On: Dec 9, 2018
- Updated On: Apr 18, 2019
Description
3 mobile homes on 2 acres outside city limits, ALWAYS rented! Room in the back for other things, like storage or whatever you can think of! Great school district, county water, aerobic septic systems, separate water meters for each unit. All three recent rehab, #2 has new HVAC, new bathroom, #1 has new water heater and all new kitchen and bathroom new metal roof, # 3 rehab and new bathroom!
Would consider owner finance with large down Rents are, 725, 625, 695
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 3 |
| Total Occupancy: | 100.0 % |
| Average MH Lot Rent: | $675 |
| Size: | 2 acre(s) |
Financial Information
| Gross Income: | $24,000 |
| Operating Expense: | $2,000 |
| Net Operating Income: | $20,000 |
| Expense Ratio: | 8.3 % |
Lot Information
| Singlewide Lots: | 3 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 3 |
| Average Rent for Park-owned Homes: | $675 |