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: 10.0%
- Listing ID: 1133085
- Posted On: Sep 13, 2019
- Updated On: Oct 14, 2019
Description
19 individual surveyed lots with 19 tenant owned homes on the, Lot rent $115.
City Water and septic. Mom and pop park. Well taken care of. The only expense you have is $65 street lights, taxes and ins. This park has HUGE upside and can be coupled with another park just next door with 21 lots and a car lot. Total income between the two is $9600. 10 mins from Dothan Al. PRICE FOR BOTH PARKS IS $450K. PRICE FOR THIS ONE IS $225K
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 19 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1995 |
| Average MH Lot Rent: | $115 |
| Size: | 8 acre(s) |
Financial Information
| Gross Income: | $26 |
| Operating Expense: | $20 |
| Net Operating Income: | $20 |
| Expense Ratio: | 76.9 % |
Lot Information
| Singlewide Lots: | 19 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | Septic |
