Mobile Home Park Details
- Purchase Method: Cash, Seller Financing
- Cap Rate: 10.0%
- Listing ID: 116597
- Posted On: Feb 16, 2012
- Updated On: Jul 3, 2014
Description
Great Cash Flow Investment Property! Quiet Mobile Home Park Community near Winter Haven Florida... 2 Acres on Small Fishing Lake, Includes One 3 Bedroom 2 Bath House, 5 Mobile Homes .... $4,000 Gross Income Per Month. Asking Price $300K Flexible, Elderly Couple Desparite to Sell Due to 200 Mile Commute to see Property Manager. Will consider all offers Pre-Buyer's Realty 407-645-1432 Home 407-454-2490 Cell
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 5 |
| Total Occupancy: | 100.0 % |
| Year Built: | 2005 |
| Average MH Lot Rent: | $800 |
| Size: | 2 acre(s) |
Financial Information
| Gross Income: | $48 |
| Operating Expense: | $6 |
| Net Operating Income: | $32 |
| Expense Ratio: | 12.5 % |
| Debt Info: | Free & Clear |
Lot Information
| Doublewide Lots: | 5 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 1 |
| Average Rent for Park-owned Homes: | $800 |