Mobile Home Park Details
- Purchase Method: Cash
- Cap Rate: 11.0%
- Listing ID: 1457811
- Posted On: Jun 14, 2021
- Updated On: Jun 24, 2021
Description
3.84 acres
15 lots
11 rentals
Location
Hwy 270W heading to Hot Springs,AR
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 15 |
| Total Occupancy: | 100.0 % |
| Average MH Lot Rent: | $200 |
| Size: | 4 acre(s) |
Financial Information (Actual)
| Gross Income: | $62,160 |
| Operating Expense: | $27,120 |
| Net Operating Income: | $35,040 |
| Expense Ratio: | 43.6 % |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 11 |
| Average Rent for Park-owned Homes: | $425 |