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, New Loan
- Cap Rate: 10.9%
- Listing ID: 1033856
- Posted On: Feb 15, 2019
- Updated On: Jun 6, 2019
Description
Great investment opportunity! Mobile home park consisting of 7 mobile homes and one 3 bedroom ranch style home. Tenants rent mobile homes, no lot rents.
Public water and sewer, $4350 per month rent, 100% occupied
Amenities
- Storage
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 7 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1952 |
| Average MH Lot Rent: | $543 |
| Size: | 1 acre(s) |
Financial Information (Actual)
| Gross Income: | $52,260 |
| Operating Expense: | $16,914 |
| Net Operating Income: | $35,345 |
| Expense Ratio: | 32.4 % |
Lot Information
| Singlewide Lots: | 7 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |
