Congress Mobile Home Park
Congress Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan
- Listing ID: 18965
- Posted On: Sep 3, 2013
- Updated On: Mar 17, 2014
Description
30 MOBILE HOMES PAY LOT RENT ONLY @ $500.00 PER MNT
(1) ONE HOUSE RENT OUT @ $575.00 PER MNT
TOTAL GROSS INCOME $ 186,900.00
INSURANCE: $2300.00
ELECTRICTY: $1,000.00
WATER BILL: $20,074.62
SUPPLYS : $ 1500.00
Managent $4300.00
TAXES: $22,907.00
Lift Station $2449.00
TOTAL $54,531.00
----------------------------------------
NET INCOME $132,369
Location
LOCATED IN W.PALMBEACH 2 BLOCKS FROM THE PALMBEACH AIRPORT... ACROSS FROM THE PALMBEACH DOGTRACK.
LESS THAN 10 MIN FROM THE OCEAN.
GREAT LOCATION AGREAT MONEY MAKER PARK.
248-249-0462
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 31 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1965 |
| Average MH Lot Rent: | $500 |
| Size: | 2 acre(s) |
Financial Information (Actual)
| Gross Income: | $186,000 |
| Operating Expense: | $50,231 |
| Net Operating Income: | $136,668 |
| Expense Ratio: | 27.0 % |
Lot Information
| Singlewide Lots: | 31 |
| Doublewide Lots: | 0 |
| Triplewide Lots: | 0 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 0 |
| Average Rent for Park-owned Homes: | $575 |
