Mobile Home Park Details
- Cap Rate: 11.1% (Actual)
- Listing ID: 1694707
- Posted On: Jun 20, 2022
- Updated On: Sep 12, 2022
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 % |
Utility Information
| Water: | Well |
| Sewer: | Septic |
