Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 15.0% (Actual)
- Listing ID: 105556
- Posted On: Sep 16, 2011
- Updated On: Mar 16, 2012
Description
16 mobile and a house great income producing park. Some renovation on trailers in the past fer months
Location
Salem Mo South of town
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 17 |
| Total Occupancy: | 95.0 % |
| Average MH Lot Rent: | $200 |
| Size: | 2 acre(s) |
Financial Information (Actual)
| Gross Income: | $6,400 |
| Operating Expense: | $1,500 |
| Net Operating Income: | $3,900 |
| Expense Ratio: | 23.4 % |
| Debt Info: | $150000 |
Lot Information
| Singlewide Lots: | 14 |
| Doublewide Lots: | 1 |
RV Information
| Number of RV Lots: | 0 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 0 |
| Average Rent for Park-owned Homes: | $300 |
