Mobile Home Park Details
- Cap Rate: 12.0%
- Listing ID: 13193
- Posted On: Jun 2, 2010
- Updated On: Dec 13, 2010
Description
Cedar Hill MHP and Cedar Hill MHp 2 are located approximately 5 blocks from each other. This is a nice easy to run park. The rents and ecomony are very stable.
Amenities
- Storage
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Park Information
| Number of MH Lots: | 95 |
| Total Occupancy: | 98.0 % |
| Year Built: | 1975 |
| Average MH Lot Rent: | $160 |
| Size: | 12 acre(s) |
Financial Information
| Gross Income: | $242,606 |
| Operating Expense: | $113,528 |
| Net Operating Income: | $129,078 |
| Expense Ratio: | 46.8 % |
RV Information
| Average RV Lot Rent: | $200 |
Utility Information
| Water Paid By: | Tenant - Submetered |
