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: 9.0% (Actual)
- Listing ID: 1068870
- Posted On: May 1, 2019
- Updated On: Jul 31, 2020
Description
One house and 7 mobile homes that are rented. All had new roof in 2015. Most have new sub floors, carpet, linoleum and air conditioning. Some have clothes washers and dryers. Operated by a property manager. Great rental history.
Amenities
- Storage
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 7 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1938 |
| Average MH Lot Rent: | $475 |
| Size: | 1 acre(s) |
Financial Information (Actual)
| Gross Income: | $45,600 |
| Operating Expense: | $13,204 |
| Expense Ratio: | 29.0 % |
Lot Information
| Singlewide Lots: | 7 |
| Doublewide Lots: | 0 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
RV Information
| Number of RV Lots: | 0 |
| Average RV Lot Rent: | $0 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 7 |
| Average Rent for Park-owned Homes: | $475 |