Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 1400781
- Posted On: Mar 2, 2021
- Updated On: Oct 1, 2021
Description
48 space mobile home park with exceptional location and grounds. Park has paved roads and city water with city sewer available. 3 houses go with the sale. Ideal property to build value quickly.
Location
Park is located on a dead end street across from a Forest training area in Fort Bragg. Very quiet, attractive location for renters.
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 48 |
| Year Built: | 1970 |
| Average MH Lot Rent: | $200 |
| Size: | 7 acre(s) |
Financial Information (Actual)
| Gross Income: | $103,000 |
| Operating Expense: | $27,000 |
| Net Operating Income: | $76,000 |
| Expense Ratio: | 26.2 % |
| Debt Info: | No debt |
Lot Information
| Singlewide Lots: | 15 |
| Doublewide Lots: | 0 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 13 |
| Average Rent for Park-owned Homes: | $650 |
