Mobile Home Park Details
- Purchase Method: Assumable Loan
- Land: This is land for developing a mobile home park
- Listing ID: 16138
- Posted On: Sep 8, 2010
- Updated On: Oct 19, 2010
Description
Lake Front Licensed Mobile Home Park with marina currently being operated as a seasonal RV Park. Conversion to mobile homes would be easy - septic and other infrastructure will accommodate approx. 35 mobile homes. These homes could be sold with long-term leases for 200K to 500K plus the monthly rent.
Location
Located on the east shore of Lake Almanor, California
Amenities
- Laundromat
- Club House
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Financial Information (Actual)
| Gross Income: | $125 |
| Operating Expense: | $70 |
| Net Operating Income: | $80 |
| Expense Ratio: | 56.0 % |
| Debt Info: | Assumable Previous Owner Note - 1.6 million over 15 at 6% |
RV Information
| Number of RV Lots: | 48 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
