Mobile Home Park Details
- Cap Rate: 5.1% (Actual)
- Listing ID: 1386381
- Posted On: Jan 29, 2021
- Updated On: Apr 27, 2021
Description
*22 Sites
*Approvals in place for additional 8 lots with engineering plans in
place.
*Paved roads
*Cap Rate 5.13%
*Two stick-built homes are currently located on property and are
included in the sale.
*City Water and City Sewer
Location
Off US 15 to town of Blossburg.
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Park Information
| Number of MH Lots: | 22 |
| Total Occupancy: | 76.8 % |
| Year Built: | 1970 |
| Size: | 50 acre(s) |
Financial Information (Actual)
| Gross Income: | $86,760 |
| Operating Expense: | $28,155 |
| Net Operating Income: | $38,445 |
| Expense Ratio: | 32.5 % |
Utility Information
| Water: | City |
| Sewer: | City |
