Mobile Home Park Details
- Cap Rate: 0.4% (Actual)
- Listing ID: 1681575
- Posted On: Jun 2, 2022
- Updated On: Sep 2, 2022
Description
*Park is approved for 9 lots/there is 1 site with a tenant-owned home
*Development opportunity
*Expenses are landscaping and taxes
*Septic tanks were tested and are in good working order
*Lots have post-electric/tenant paying electric
*Possible seller financing with $60,000 down
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Year Built: | 1970 |
| Size: | 2 acre(s) |
Financial Information (Actual)
| Gross Income: | $3,840 |
| Operating Expense: | $3,100 |
| Net Operating Income: | $740 |
| Expense Ratio: | 80.7 % |
Utility Information
| Water: | Well |
| Sewer: | Septic |
