Mobile Home Park Details
- Purchase Method: Cash, Seller Financing
- Cap Rate: 12.0%
- Listing ID: 1547432
- Posted On: Nov 5, 2021
- Updated On: Jan 26, 2022
Description
13 Licensed Lots
1 Mobile Home rental @ $350
8 Rent to Own @ $500 AVG
4 Owner Occupied @ $350
(Rent can be increased)
100% Occupied !
$30,000 in recent Improvements- Updated Water Lines and New Wiring.
Room to add 20-25 RVs at Bottom of Park.
City Water
Septic Sewer (City Sewer coming 2022)
Location
Colliers, West Virginia is in Brookes County, WV. It is only 30 miles to Pittsburgh, PA that has an MSA of 302,205.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 13 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1965 |
| Average MH Lot Rent: | $500 |
| Size: | 4 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $70,800 |
| Operating Expense: | $16,120 |
| Net Operating Income: | $54,680 |
| Expense Ratio: | 22.8 % |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | Septic |
