Contact Information

Park Place Communities

Mobile Home Park Details

  • Price: $1,995,000
  • Purchase Method: Cash
  • Property ID: 1375430
  • Posted On: Jan 6, 2021
  • Updated On: Jan 6, 2021

Property Description

Great value add property less than 20 miles from the Ocean with over 100 lots!


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Park Information

Community Type: All Age
Number of MH Lots: 109
Total Occupancy: 34.0 %
Year Built: 1970
Average MH Lot Rent: $260

Financial Information (Actual)

Gross Income $141,514
Operating Expense $137,065
Net Operating Income $4,448
Expense Ratio 96.9 %
Debt Info

RV Information

Number of RV Lots: 0
Average RV Lot Rent: $0

Utility Information

Water: City
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 41
Average Rent for Park-owned Homes: $329

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