Mobile Home Park Details
- Purchase Method: Cash
- Cap Rate: 15.8%
- Listing ID: 102521
- Posted On: Aug 15, 2011
- Updated On: Jun 3, 2014
Description
40 Sites located in the Michigan Thumb Area! 65% Occupancy! $7,400 per site! Upside Potential! City Water & Sewer! New Water Lines Throughout! Water & Sewer is Re-billed to Residents! Contact Andria Strittmatter at 317-800-1840 for more information regarding this property.
Location
Michigan Thumb Area
Amenities
- Storage
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 40 |
| Total Occupancy: | 65.0 % |
| Average MH Lot Rent: | $275 |
| Size: | 6 acre(s) |
Lot Information
| Singlewide Lots: | 39 |
| Doublewide Lots: | 1 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
RV Information
| Number of RV Lots: | 0 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 0 |
| Average Rent for Park-owned Homes: | $0 |
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