Contact Information

Mobile Home Park Details

  • Price: $599,999
  • Cap Rate: 11.1%
  • Property ID: 1694707
  • Posted On: Jun 20, 2022
  • Updated On: Jul 22, 2022

Property Description

* Cap Rate 11.09%
* 5.9 Acres
* 16 Units
* 1 Single-Family Residence
* Manager in Place
* Well and Septic both have passed recent Inspection

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Park Information

Number of MH Lots: 16
Total Occupancy: 95.0 %
Year Built: 1970
Size: 6 acre(s)

Financial Information (Actual)

Gross Income $91,332
Operating Expense $20,200
Net Operating Income $66,585
Expense Ratio 22.1 %
Debt Info

Utility Information

Water: Well
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 16

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