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90 + Mobile Home Park Bartow, FL

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Mobile Home Park Details

  • Purchase Method: Assumable Loan
  • Listing ID: 12552
  • Posted On: Jun 2, 2012
  • Updated On: Sep 2, 2014

Description

Great opportunity to own 90+ space 12 acre Park with all city utilities billed directly to tenants.
Roads repaved 2010 well managed
Upside 10 vacancies great price $1.1 ass. below 6%
Rents were increased Jan, 2012 $10

Location

Main HWY West Coast

Amenities

  • Laundromat
  • Club House
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Park Information

Number of MH Lots: 95

Financial Information (Actual)

Gross Income: $242,000
Operating Expense: $60,000
Net Operating Income: $188,000
Expense Ratio: 24.8 %

Lot Information

Singlewide Lots: 84
Doublewide Lots: 11

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: City

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