Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 7.8%
- Listing ID: 1576107
- Posted On: Dec 20, 2021
- Updated On: Oct 10, 2022
Description
61 Current Lots
140 Licensed Lots
40 Acres
3Bedroom/2Bath Home @ $814
21 Owner Occupied Lots @ $369
5 Vacant Park Owned (Needs Rehab)
4 Vacant Park Owned (Questionable)
15 Tear Down (Park Owned)
17 Vacant Sites
3 Acre Lake
Near Whitman Air Force Base
Location
Knob Noster is a city in Johnson County, Missouri, United States. It is located adjacent to Whiteman Air Force Base, so with the right owner, Occupancy will not be a problem!
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Park Information
| Number of MH Lots: | 61 |
| Total Occupancy: | 38.0 % |
| Year Built: | 1969 |
| Average MH Lot Rent: | $369 |
| Size: | 40 acre(s) |
Financial Information (Actual)
| Gross Income: | $104,566 |
| Operating Expense: | $48,595 |
| Net Operating Income: | $55,961 |
| Expense Ratio: | 46.5 % |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | Septic |
