Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash
- Cap Rate: 8.9%
- Listing ID: 102713
- Posted On: Aug 23, 2011
- Updated On: May 2, 2013
Description
This 23 space, urban park is on city services and currently has 6 vacancies. Due to the size of the spaces the park will more easily accomodate travel trailers and RV's rather than mobile homes. There is an on-site block building that includes park storage and a laundry.
Location
The property is located just west of the Tennessee off-ramp in Valejo and is adjacent to an older residential neighborhood.
Amenities
- Laundromat
- Storage
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Park Information
| Community Type: | All Age |
| Size: | 1 acre(s) |
Financial Information
| Gross Income: | $83 |
| Operating Expense: | $35 |
| Net Operating Income: | $48 |
| Expense Ratio: | 42.2 % |
RV Information
| Number of RV Lots: | 23 |
| Average RV Lot Rent: | $440 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
