Mobile Home Park Details

  • Cap Rate: 8.3%
  • Property ID: 1691750
  • Posted On: Jun 14, 2022
  • Updated On: Dec 14, 2022

Property 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 %
Debt Info

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

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