Mobile Home Park Details
- Cap Rate: 9.0%
- Listing ID: 1660993
- Posted On: May 3, 2022
- Updated On: Aug 9, 2022
Description
Cap Rate 9.31%
13 Park-Owned Homes
6 Septic Systems
5 Acres
Well Water
Location
Located in Lake City, FL the "Gateway to Florida' because that is where interstate 75 and Interstate 10 intersect.
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Park Information
| Number of MH Lots: | 13 |
| Year Built: | 1970 |
| Size: | 5 acre(s) |
Financial Information (Actual)
| Gross Income: | $100,200 |
| Operating Expense: | $25,800 |
| Net Operating Income: | $74,400 |
| Expense Ratio: | 25.7 % |
Lot Information
| Singlewide Lots: | 12 |
| Triplewide Lots: | 1 |
Utility Information
| Water: | Well |
| Sewer: | Septic |
