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College Corners Rome, GA

Off Market  

Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Listing ID: 102704
  • Posted On: Aug 22, 2011
  • Updated On: Nov 15, 2012

Description

1 Acer with 10 Lots (3 lot rents & 7 park owned homes)
Park was sold in 2007 and repurchased in 2010, 3 year of financials since taking ownership of park.

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Park Information

Community Type: All Age
Number of MH Lots: 10
Average MH Lot Rent: $90
Size: 1 acre(s)

Financial Information (Actual)

Gross Income: $22,000
Operating Expense: $13,000
Expense Ratio: 59.1 %
Debt Info: None

Lot Information

Singlewide Lots: 9
Doublewide Lots: 1

Utility Information

Water: City
Water Paid By: Park
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 7
Average Rent for Park-owned Homes: $360