Contact Information

Mobile Home Park Details

  • Price: $399,000
  • Purchase Method: Cash, New Loan
  • Cap Rate: 12.7%
  • Listing ID: 1606210
  • Posted On: Feb 16, 2022
  • Updated On: Jan 18, 2024

Description

26 Licensed Lots

Rentals - 4
Owner Occupied - 11
Partially Developed Lots (need electrical) - 6
Vacant -5

City Water/City Sewer

Have A Park to Sell?
Contact Frank: 727-592-2418
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Park Information

Community Type: All Age
Number of MH Lots: 26
Total Occupancy: 62.0 %
Year Built: 1990
Average MH Lot Rent: $300
Size: 6 acre(s)

Financial Information (Actual)

Gross Income: $69,300
Operating Expense: $19,318
Net Operating Income: $49,982
Expense Ratio: 27.9 %

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: $600

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