Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash
- Cap Rate: 8.3%
- Listing ID: 1027447
- Posted On: Jan 28, 2019
- Updated On: May 2, 2019
Description
GEM ON THE SIDE OF A MOUNTAIN WITH SPECTACULAR VIEWS.
64 LOTS: 16 PRIVATELY OWNED HOMES; 4 VACANT LOTS;
44 PARK RENTAL HOMES (8 ARE NEW CLATONS)
4 MORE NEW CLAYTONS ARE INCLUDED IN THIS PACKAGE.
6 RENOVATION HOMES TO BE FINISHED, ARE ALSO INCLUDED.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 64 |
| Total Occupancy: | 80.0 % |
| Year Built: | 2000 |
| Average MH Lot Rent: | $310 |
| Size: | 16 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $580,000 |
| Operating Expense: | $170,000 |
| Net Operating Income: | $400,000 |
| Expense Ratio: | 29.3 % |
| Debt Info: | Available to carry some $ |
Lot Information
| Singlewide Lots: | 56 |
| Doublewide Lots: | 4 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 44 |
| Average Rent for Park-owned Homes: | $850 |
Similar Mobile Home Parks for Sale
All Age Community
100 Lots