Mobile Home Park Details

  • Purchase Method: Cash, Seller Financing, New Loan
  • Cap Rate: 7.0%
  • Listing ID: 2031602
  • Posted On: Feb 9, 2023
  • Updated On: Apr 29, 2024

Description

82 lots priced at $18,300 per lot
The only MHP RV in the City
City water and Sewer all utilities paid by tenants

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

Park Information

Number of MH Lots: 82
Total Occupancy: 18.3 %
Average MH Lot Rent: $510

Financial Information (Actual)

Gross Income: $62,400
Operating Expense: $24,960
Net Operating Income: $37,440
Expense Ratio: 40.0 %

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: City

Similar Mobile Home Parks for Sale