Contact Information

Mobile Home Park Details

  • Price: $375,000
  • Purchase Method: Cash, Seller Financing, New Loan
  • Cap Rate: 9.1%
  • Property ID: 1606210
  • Posted On: Feb 16, 2022
  • Updated On: May 17, 2022

Property Description

Looking at all Offers!
26 Licensed Lots

3 Mobile Home rentals @ $450avg
10 Owner Occupied @ $150avg
1 RV @ 300
2 Vacant Lots (soon to be rented)

10 Partially Developed Lots (need electrical)

City Water/City Sewer

Have A Park to Sell?
Contact Frank: 727-592-2418
Ask about our Pocket Listings:
Info@BirchRealty.com

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Park Information

Community Type: All Age
Number of MH Lots: 26
Total Occupancy: 60.0 %
Average MH Lot Rent: $150
Size: 6 acre(s)

Financial Information (Actual)

Gross Income $48,600
Operating Expense $12,140
Net Operating Income $36,460
Expense Ratio 25.0 %
Debt Info

RV Information

Number of RV Lots: 9
Average RV Lot Rent: $300

Utility Information

Water: City
Water Paid By: Tenant - Submetered
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 5
Average Rent for Park-owned Homes: $450

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