Mobile Home Park Details

  • Cap Rate: 5.0%
  • Listing ID: 1929541
  • Posted On: Nov 8, 2022
  • Updated On: May 19, 2023

Description

Mobile Home Park covering 4 lots-923 Garner Ave: approx -44,175 SF, -923 Goleta Way: approx 27,150 SF, -913 Goleta Way: approx 8,030 SF -903 Goleta Way: approx 7,950 SF , utility infrastructure in place, zoned mixed use, MX-C

Amenities

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

Park Information

Community Type: All Age
Number of MH Lots: 22
Total Occupancy: 65.0 %
Average MH Lot Rent: $600
Size: 2 acre(s)

Financial Information (Pro Forma)

Gross Income: $156,000
Operating Expense: $75,000
Net Operating Income: $81,000
Expense Ratio: 48.1 %

Utility Information

Water: City
Water Paid By: Tenant - Submetered
Sewer: City