Mobile Home Park Details
- Cap Rate: 16.0%
- Listing ID: 12985
- Posted On: Jun 2, 2010
- Updated On: Oct 19, 2010
Description
Well established mobile home park with 63 lots. 40 mobile homes are park-owned and rent for $335.00 a month. Property also includes 2 brick homes, 2 modular homes, 1 store building, 1 brick storage building and an office. Each lot has individual water meters. Historically, Eaglewood Mobile Home Park has 98% rate of occupancy. Annual rent at 95% occupancy is $217,020.00 Cap Rate 16%
Amenities
- Storage
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Park Information
| Number of MH Lots: | 63 |
| Total Occupancy: | 95.0 % |
| Average MH Lot Rent: | $120 |
Utility Information
| Water Paid By: | Tenant - Submetered |
Park-Owned Homes
| Number of Park-owned Homes: | 40 |
| Average Rent for Park-owned Homes: | $335 |
