Mobile Home Park Details

  • Cap Rate: 9.4%
  • 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

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