Photo of Mobile Home Community
Photo of Trailer Court
Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: New Loan
- Cap Rate: 9.6%
- Listing ID: 123691
- Posted On: Mar 20, 2012
- Updated On: Sep 4, 2013
Description
See the attached Executive Summary.
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 90 |
| Total Occupancy: | 77.0 % |
| Year Built: | 1955 |
| Average MH Lot Rent: | $250 |
Financial Information
| Gross Income: | $255,480 |
| Operating Expense: | $137,954 |
| Net Operating Income: | $117,526 |
| Expense Ratio: | 54.0 % |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | City |
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