Contact Information
Mobile Home Park Details
- Price: $395,000
- Purchase Method: Cash, Seller Financing, New Loan
- Property ID: 1273190
- Posted On: Jun 17, 2020
- Updated On: Jul 1, 2020
Property Description
28 Site MHP in Michigan.
Mostly Owner Occupied!
2 Stick Built Homes included !
In-fill Opportunity!
Some Large Double Lots.
Large Concrete Slab perfect to fit Laundry Room.
Extra Income Potential.
Lot Rent not Increased in Years!
HAVE A PARK TO SELL ?
Frank - BIRCH REALTY 727-592-2418
Location
Lambertville , Michigan
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Number of MH Lots: | 28 |
| Total Occupancy: | 50.0 % |
| Year Built: | 1959 |
| Average MH Lot Rent: | $350 |
| Size: | 2 acre(s) |
Financial Information (Actual)
| Gross Income | $61,800 |
| Operating Expense | $10,531 |
| Net Operating Income | $51,269 |
| Expense Ratio | 17.0 % |
| Debt Info |
