Mobile Home Park Details

  • Cap Rate: 6.8%
  • Property ID: 1218485
  • Posted On: Feb 26, 2020
  • Updated On: Apr 21, 2020

Property Description

Well located, well maintained all ages
mobile home community 9 miles from
downtown Little Rock AR. The city has
a population of 197,780 with 720,000
residents in the MSA. The MSA has grown
+7% since 2010 and the unemployment
rate is lower than the national average
at 3.3%.

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Park Information

Number of MH Lots: 63
Size: 8 acre(s)

Financial Information

Gross Income $198,283
Operating Expense $68,367
Net Operating Income $109,280
Expense Ratio 34.5 %
Debt Info

Utility Information

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

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