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
- Cap Rate: 9.9%
- Listing ID: 1146848
- Posted On: Oct 21, 2019
- Updated On: Jul 12, 2020
Description
*City Water *City Sewer *Natural gas* 55+ * Long term owner * Nice condition * Stabilized * Fully occupied*Excellent turn key opportunity!
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Park Information
| Community Type: | 55 And Over |
| Number of MH Lots: | 22 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1970 |
| Average MH Lot Rent: | $318 |
| Size: | 4 acre(s) |
Financial Information
| Gross Income: | $105,840 |
| Operating Expense: | $43,325 |
| Net Operating Income: | $62,515 |
| Expense Ratio: | 40.9 % |
Lot Information
| Doublewide Lots: | 22 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
