Photo of Manufactured Home Community
Photo of Trailer Park
Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash, Seller Financing
- Cap Rate: 13.8% (Actual)
- Listing ID: 102518
- Posted On: Aug 15, 2011
- Updated On: Aug 22, 2012
Description
OWNER FINANCING now available. Family Park situated on 7 acres MOL. 30 spasious lots including mobiles. Separately billed electric and water. 85% to 90% rented. Room for expansion Low rents, big upside. 13.8% Cap Rate
Location
Located just off I-4 in Lakeland, Fl
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 30 |
| Total Occupancy: | 85.0 % |
| Size: | 7 acre(s) |
Financial Information (Actual)
| Gross Income: | $132,000 |
| Operating Expense: | $53,800 |
| Net Operating Income: | $77,000 |
| Expense Ratio: | 40.8 % |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 30 |
| Average Rent for Park-owned Homes: | $450 |
