Mobile Home Park Details

  • Cap Rate: 6.4%
  • Property ID: 1192096
  • Posted On: Feb 18, 2020
  • Updated On: Jul 28, 2020

Property Description

Acorn Acres consists of 37 sites which are 97 percent occupied located in Auburn, MA. The community has a population greater than 545,000, median housing value of $295,746 and average household income of $100,229 within a 15 mile radius.

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Park Information

Community Type: All Age
Number of MH Lots: 37
Total Occupancy: 97.0 %
Average MH Lot Rent: $414
Size: 6 acre(s)

Financial Information (Pro Forma)

Gross Income $194,350
Operating Expense $99,783
Net Operating Income $94,567
Expense Ratio 51.3 %
Debt Info

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