Mobile Home Park Details
- Purchase Method: Cash
- Listing ID: 1280940
- Posted On: Jun 30, 2020
- Updated On: Jul 29, 2020
Description
6 Unit park? Small mobile home park with 4 rental sites. There is a potential for 6 sites if one was to go to the Town of Berlin DRB. ( Development Review Board ). They have verbally said there is a good chance of approval. Public water and public sewer are available. Landlord does the mowing and the plowing. Tenants do power and take care of there own trash.
Location
Park is in a great location 1/2 mile from Exit 7, I-89 in Berlin, Vermont 05602
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 4 |
| Total Occupancy: | 75.0 % |
| Year Built: | 1964 |
| Average MH Lot Rent: | $360 |
| Size: | 1 acre(s) |
Financial Information (Actual)
| Gross Income: | $10,801,480 |
| Operating Expense: | $2,700 |
| Net Operating Income: | $1,026,015,060 |
| Expense Ratio: | 0.0 % |
| Debt Info: | None |
Lot Information
| Singlewide Lots: | 4 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |