Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash, Seller Financing
- Cap Rate: 18.0% (Actual)
- Listing ID: 101736
- Posted On: Jul 20, 2011
- Updated On: Jan 11, 2013
Description
Great location extra potential income potential 32 spaces with 2 unit apt laundry room and office with room . Visit website at www.stonebridge2011
Location
In Plant City, FL. 4015 W HWY 92 across and west from Parkesdale Farms perfect location from Tampa or Lakeland for work. Property can be expanded.
Amenities
- Laundromat
- Storage
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 33 |
| Total Occupancy: | 85.0 % |
| Average MH Lot Rent: | $375 |
| Size: | 11 acre(s) |
Financial Information (Actual)
| Gross Income: | $175,000 |
| Operating Expense: | $83 |
| Net Operating Income: | $92 |
| Expense Ratio: | 0.0 % |
| Debt Info: | 550k |
Lot Information
| Singlewide Lots: | 30 |
| Doublewide Lots: | 1 |
| Park Model Lots: | 2 |
Utility Information
| Water: | Well |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 14 |
| Average Rent for Park-owned Homes: | $550 |
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