Mobile Home Park Details
- Cap Rate: 8.3%
- Listing ID: 1691750
- Posted On: Jun 14, 2022
- Updated On: Dec 14, 2022
Description
*Public Water
*Private Sewer
*12 Total Sites
-6 Tenant-Owned Homes
-1 Park-Owned Home
-5 Vacant Lots
Location
*Located in Central, PA
*Located 5 Miles from town of Clearfield
*30 Miles from State College
*4 Miles from interstate 80
*2 Miles from US 322
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Park Information
| Number of MH Lots: | 12 |
| Total Occupancy: | 58.3 % |
| Average MH Lot Rent: | $200 |
| Size: | 3 acre(s) |
Financial Information (Actual)
| Gross Income: | $35,691 |
| Operating Expense: | $8,496 |
| Net Operating Income: | $12,324 |
| Expense Ratio: | 23.8 % |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 1 |
| Average Rent for Park-owned Homes: | $600 |
