Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 5.7% (Actual)
- Listing ID: 1641300
- Posted On: Apr 7, 2022
- Updated On: Jul 26, 2022
Description
Price Just Lowered! Owner Financing Available With Negotiable Down Payment And Flexible Terms!!! Check Out This Awesome 8 Space Mobile Home Park In Sultan WA. On City Water And Sewer. 3 Park Owned Units Included. Actual Gross Income $77,700. Actual Net Income $52,594. Actual Cap Rate 5.66%. Proforma Gross Income $102,600. Proforma Net Income $77,494. Proforma Cap Rate 8.34%. 7.5 Miles To Monroe. Don't Miss Out On This Rare Opportunity To Own A Great Park At An Affordable Price!
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Financial Information (Actual)
| Gross Income: | $77,700 |
| Operating Expense: | $25,106 |
| Net Operating Income: | $52,594 |
| Expense Ratio: | 32.3 % |
Lot Information
| Singlewide Lots: | 7 |
Utility Information
| Water: | City |
| Sewer: | City |