Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 9.2%
- Listing ID: 111918
- Posted On: Dec 15, 2011
- Updated On: Dec 11, 2023
Description
Plus 1 Stick built home with a 2 car garage.
For more information Please call (313)469-0951or email us: 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: | 56 |
| Total Occupancy: | 97.0 % |
| Average MH Lot Rent: | $265 |
Financial Information
| Gross Income: | $171,705 |
| Operating Expense: | $61,814 |
| Net Operating Income: | $109,891 |
| Expense Ratio: | 36.0 % |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |