Contact Information
John Power
Property Professionals
Property Professionals
Mobile Home Park Details
- Price: $1,600,000
- Cap Rate: 5.0%
- Property ID: 1929541
- Posted On: Nov 8, 2022
- Updated On: Jan 13, 2023
Property 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
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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 % |
Debt Info |
Utility Information
Water: | City |
Water Paid By: | Tenant - Submetered |
Sewer: | City |