Mobile Home Park Details
- Cap Rate: 6.5%
- Listing ID: 1913210
- Posted On: Oct 18, 2022
- Updated On: Feb 17, 2023
Description
Well maintained, quite mobile home park just north of Vincennes, Indiana, just off US-41.
46 Lots
93.5% Occupied
29.66 Acres
Location
42-12-01-200-005.000-023
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 46 |
| Total Occupancy: | 93.5 % |
| Average MH Lot Rent: | $275 |
| Size: | 30 acre(s) |
Financial Information (Actual)
| Gross Income: | $141,612 |
| Operating Expense: | $50,186 |
| Net Operating Income: | $91,425 |
| Expense Ratio: | 35.4 % |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | Septic |
