Mobile Home Park Details
- Cap Rate: 7.0%
- Listing ID: 1661983
- Posted On: May 5, 2022
- Updated On: Nov 27, 2023
Description
Cap Rate 7.03%
50 Units
3 Properties
No Park-Owned Homes
Turnkey Portfolio
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Park Information
| Number of MH Lots: | 50 |
| Total Occupancy: | 81.9 % |
| Year Built: | 1970 |
| Size: | 27 acre(s) |
Financial Information (Actual)
| Gross Income: | $270,840 |
| Operating Expense: | $116,617 |
| Net Operating Income: | $105,083 |
| Expense Ratio: | 43.1 % |
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