The requested property is removed. Here are active Mobile Home Parks for Sale in Hillsboro, Ohio

Country Manor Park 30715 Burgess Rd., Denham Springs, LA 70726

Expired   Price Reduced  

Mobile Home Park Details

  • Purchase Method: New Loan
  • Cap Rate: 10.0% (Actual)
  • Listing ID: 19159
  • Posted On: Jan 17, 2011
  • Updated On: May 4, 2013

Description

This property is a great investment for the size and location. Seller is motivated. 16 acres with 108 park owned homes. Half of the houses are 3b/2b new units ( 2007-2008) and the other half is misc. sizes. There are 2 sewer treatment plants and city water. It is one of the largest parks located in a great area with excellent schools.

Location

30715 Burgess Rd. 5 miles north of the Hwy. 190

Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Get Financing

Park Information

Community Type: All Age
Number of MH Lots: 112
Total Occupancy: 90.0 %
Year Built: 2006
Size: 16 acre(s)

Financial Information (Actual)

Gross Income: $49
Operating Expense: $32
Net Operating Income: $17,395
Expense Ratio: 65.3 %

Lot Information

Singlewide Lots: 110

Utility Information

Water: City
Water Paid By: Park
Sewer: Treatment Plant

Park-Owned Homes

Number of Park-owned Homes: 108
Average Rent for Park-owned Homes: $650