Mobile Home Park Details
- Purchase Method: Cash, Seller Financing
- Cap Rate: 5.0% (Actual)
- Listing ID: 1671811
- Posted On: May 17, 2022
- Updated On: Aug 23, 2022
Description
Investment opportunity. Zero inventory, 36 lots on 25 acres. Off of 4 lane highway with median entry, paved roads, septic and water.
Location
East Albany in a prime mobile home area
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Park Information
| Number of MH Lots: | 36 |
| Total Occupancy: | 5.0 % |
| Average MH Lot Rent: | $150 |
Financial Information (Actual)
| Gross Income: | $5,400 |
| Operating Expense: | $0 |
| Net Operating Income: | $5,400 |
Lot Information
| Doublewide Lots: | 36 |
RV Information
| Number of RV Lots: | 36 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |