Mobile Home Park Details
- Cap Rate: 9.4% (Actual)
- Listing ID: 1383098
- Posted On: Jan 22, 2021
- Updated On: Jul 31, 2021
Description
* 19 Units
* Cap Rate 9.42%
* City Water, City Sewer, and Natural Gas
* Over 2 Acres
* Paved Roads
* 11 Tenant-Owned Homes
* 5 Park-Owned Homes
*1 Vacant-Park-Owned Home
*4 Stick-Built Homes
*3 Separate Tax Maps
Location
* Western New York
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 19 |
| Total Occupancy: | 92.9 % |
| Year Built: | 1970 |
| Size: | 2 acre(s) |
Financial Information (Actual)
| Gross Income: | $84,432 |
| Operating Expense: | $38,382 |
| Net Operating Income: | $40,050 |
| Expense Ratio: | 45.5 % |
Utility Information
| Water: | City |
| Sewer: | City |
