Mobile Home Park Details
- Purchase Method: Seller Financing, New Loan
- Listing ID: 16057
- Posted On: Apr 15, 2014
- Updated On: May 29, 2015
Description
Must sell this money maker. I new job is forcing the sell. We invested $65,000 in updates. Supplied with city water and 4 septic tanks. Cheap overhead. Bring all offers. It must go this year.
Location
Just north of the Polk Co. parkway. East of Combee Rd.
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 8 |
| Total Occupancy: | 40.0 % |
| Average MH Lot Rent: | $0 |
| Size: | 2 acre(s) |
Financial Information
| Gross Income: | $28,719 |
| Operating Expense: | $13,328 |
| Net Operating Income: | $15,390 |
| Expense Ratio: | 46.4 % |
| Debt Info: | none |
Lot Information
| Singlewide Lots: | 8 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 6 |
| Average Rent for Park-owned Homes: | $450 |