Mobile Home Park Details
- Cap Rate: 7.7%
- Listing ID: 1385655
- Posted On: Jan 28, 2021
- Updated On: Apr 27, 2021
Description
*100% Occupancy
*High Quality Property
*Private Water and Private Sewer
*North Central Pennsylvania
*7.66% Cap Rate
*13 Tenant Owned Homes and 2 Park Owned Homes
*Scenic Views
*Paved Roads
Location
North Central Pennsylvania
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Park Information
| Number of MH Lots: | 15 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1970 |
| Average MH Lot Rent: | $250 |
| Size: | 7 acre(s) |
Financial Information (Actual)
| Gross Income: | $55,800 |
| Operating Expense: | $17,501 |
| Net Operating Income: | $38,299 |
| Expense Ratio: | 31.4 % |
Utility Information
| Water: | Well |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 2 |
| Average Rent for Park-owned Homes: | $700 |
