Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 6.0%
- Listing ID: 1454938
- Posted On: Jun 9, 2021
- Updated On: May 17, 2022
Description
26 Space Park
11 MH
13 RV
1 Vacant POH
1 Vacant Space
Copy and Paste Link for Video
https://vimeo.com/560080007
Location
North San Juan, CA
***Contact Broker for Offering Memorandum***
Amenities
- Laundromat
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 26 |
| Total Occupancy: | 93.0 % |
| Year Built: | 1960 |
| Average MH Lot Rent: | $481 |
| Size: | 6 acre(s) |
Financial Information (Actual)
| Gross Income: | $194,793 |
| Operating Expense: | $105,136 |
| Net Operating Income: | $89,657 |
| Expense Ratio: | 54.0 % |
| Debt Info: | Bank Financing with I/O Available to Qualified Buyer |
Lot Information
| Singlewide Lots: | 12 |
RV Information
| Number of RV Lots: | 13 |
| Average RV Lot Rent: | $481 |
Utility Information
| Water: | Well |
| Water Paid By: | Tenant - Submetered |
| Sewer: | City |
