Mobile Home Park Details

  • Purchase Method: Seller Financing
  • Listing ID: 121666
  • Posted On: Feb 28, 2012
  • Updated On: Sep 2, 2012

Description

Licensed for 94 mobile homes.
One three bedroom home.
One restaurant building leased (Cristo's Italian).

Location

Located in the heart of Norton's busy intersection.

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Park Information

Community Type: All Age
Number of MH Lots: 94
Total Occupancy: 95.0 %
Average MH Lot Rent: $260
Size: 9 acre(s)

Financial Information

Gross Income: $290
Operating Expense: $113
Net Operating Income: $176
Expense Ratio: 39.0 %

Lot Information

Singlewide Lots: 94

Utility Information

Water: City
Water Paid By: Tenant - Submetered
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 5
Average Rent for Park-owned Homes: $350

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