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Mobile Home Park Details
- Purchase Method: Seller Financing
- Cap Rate: 9.0%
- Listing ID: 104824
- Posted On: Aug 30, 2011
- Updated On: Dec 11, 2023
Description
15 site mobile home community, no rentals, the owner is motivated and will take a land contract with 20 to 25% down.
Do you already own a mobile home community and Want to know it is worth on today’s market?, click on this link below and give us some general information about your Community and we will give you our professional opinion of what your community is worth on today's market.
For information and a complete package call (313) 469-0951 or email michaelcalin@remax.net
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 15 |
| Total Occupancy: | 75.0 % |
| Year Built: | 70 |
| Average MH Lot Rent: | $265 |
Financial Information (Actual)
| Gross Income: | $34,980 |
| Operating Expense: | $14,961 |
| Net Operating Income: | $20,288 |
| Expense Ratio: | 42.8 % |
Utility Information
| Water: | Well |
| Sewer: | Septic |
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