Mobile Home Park Details
- Cap Rate: 6.4% (Pro Forma)
- Listing ID: 1192096
- Posted On: Feb 18, 2020
- Updated On: Jul 28, 2020
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 % |
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