Mobile Home Park Details

  • Cap Rate: 10.0%
  • Listing ID: 2021576
  • Posted On: Jan 23, 2023
  • Updated On: May 1, 2023

Description

*Listing Price: $744,000
*Cap Rate: 10%
*13 Park-Owned HOmes in a well-maintained property
*6 Septic Systems / Well Water
*5 Acres
*Possible Room to Expand
*Located 1 hour and 12 minutes west of Jacksonville

Location

*Located 1 hour and 12 minutes west of Jacksonville

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Park Information

Number of MH Lots: 13
Total Occupancy: 100.0 %
Year Built: 1970
Size: 5 acre(s)

Financial Information (Actual)

Gross Income: $100,200
Operating Expense: $25,800
Net Operating Income: $74,400
Expense Ratio: 25.7 %

Utility Information

Water: Well
Sewer: Septic

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