Mobile Home Park Details
- Purchase Method: Cash, New Loan
 - Cap Rate: 18.0% (Actual)
 - Listing ID: 1038000
 - Posted On: Feb 28, 2019
 - Updated On: Jul 3, 2019
 
Description
GREAT INCOME PRODUCING MOBILE HOME PARK IN MILAN, TN. This property has 13 2 bdr trailers, 2 trailers on lot rent and space/hookups for 2 additional trailers. Cap rate available up on request. Call today to set up a showing!!
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Financial Information (Actual)
| Gross Income: | $57,000 | 
| Operating Expense: | $11,819 | 
| Net Operating Income: | $45,181 | 
| Expense Ratio: | 20.7 % | 
Lot Information
| Singlewide Lots: | 18 | 
| Doublewide Lots: | 0 | 
| Triplewide Lots: | 0 | 
| Park Model Lots: | 0 | 
Utility Information
| Water: | City | 
| Water Paid By: | Tenant - Individual Service | 
| Sewer: | City |