Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 1417158
- Posted On: Apr 2, 2021
- Updated On: Feb 26, 2022
Description
Very nice 27 acre - 38 Lot Park (22 developed lots & 16 undeveloped lots) with 20 park owned rental homes. Very nice income and well maintained.
Location
Rural country setting off the road. Very quite and great location. Can develop 16 additional lots.
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 38 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1993 |
| Average MH Lot Rent: | $300 |
| Size: | 27 acre(s) |
Financial Information (Actual)
| Gross Income: | $15,500 |
| Operating Expense: | $3,000 |
| Net Operating Income: | $12,500 |
| Expense Ratio: | 19.4 % |
Lot Information
| Singlewide Lots: | 38 |
| Doublewide Lots: | 38 |
| Triplewide Lots: | 38 |
| Park Model Lots: | 38 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 20 |
| Average Rent for Park-owned Homes: | $750 |
