Mobile Home Park Details
- Purchase Method: Cash
- Cap Rate: 8.0%
- Listing ID: 107780
- Posted On: Nov 7, 2011
- Updated On: May 12, 2014
Description
Very nice -well maintained 54 unit park, located minutes away from Branson Mo. & a very popular fishing and boating lake. Easy to manage- 100 % home-owners! Built in 1985 on approx. 20 acres m/l. New chip and seal roads just last year, off-street parking. Private well and septic, city water is available now and city sewer coming soon. GREAT PARK & TENANTS !
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 54 |
| Total Occupancy: | 93.0 % |
| Year Built: | 1985 |
| Average MH Lot Rent: | $140 |
| Size: | 20 acre(s) |
Financial Information
| Gross Income: | $82 |
| Operating Expense: | $20 |
| Net Operating Income: | $62 |
| Expense Ratio: | 24.4 % |
Lot Information
| Singlewide Lots: | 52 |
| Doublewide Lots: | 2 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
RV Information
| Number of RV Lots: | 0 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
