Mobile Home Park Details
- Purchase Method: Cash
- Cap Rate: 15.1%
- Listing ID: 114771
- Posted On: Feb 7, 2012
- Updated On: May 30, 2013
Description
New park for sale ... (Kay County) ... OKLAHOMA
PRINCIPALS ONLY ... REDUCED ASKING PRICE $194,700
23 space mobile home park
10 park owned rentals
3 vacant sites
5 lot rent sites
1 small trailer that could be used as an office or rental, needs sewer, water, electric & gas hook ups
Across street:
4 park owned rentals
1 house rental 3/2
Room for expansion for 5-7 more units
2011
Gross Income 42,680
Expenses 13,368
NOI 29,312
Cap Rate 15.05%
Please sign attached c/a agreement to receive the address & information on this mobile home park opportunity.
Location
The above address is not correct. Please sign attached c/a agreement to receive the correct address & information on this mobile home park opportunity.
Financial Information (Actual)
| Gross Income: | $42,680 |
| Operating Expense: | $13,368 |
| Net Operating Income: | $29,312 |
| Expense Ratio: | 31.3 % |
