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Stoney Ridge Place Mobile Home Community 139 Stoney Ridge Place, Beebe, AR 72012

Expired   Price Reduced  

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Mobile Home Park Details

  • Purchase Method: Cash
  • Cap Rate: 9.4% (Actual)
  • Listing ID: 1699918
  • Posted On: Jun 26, 2022
  • Updated On: Sep 29, 2022

Description

Great onsite management team that will stay
total hands-off ownership
36 lots with 36 rentals
great location

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Park Information

Community Type: All Age
Number of MH Lots: 36
Total Occupancy: 100.0 %
Year Built: 2004
Average MH Lot Rent: $250
Size: 20 acre(s)

Financial Information (Actual)

Gross Income: $286,524
Operating Expense: $107,371
Net Operating Income: $179,153
Expense Ratio: 37.5 %

Lot Information

Triplewide Lots: 36

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 36
Average Rent for Park-owned Homes: $650