Mobile Home Park Details
- Cap Rate: 10.0%
- Listing ID: 2158462
- Posted On: Mar 13, 2023
- Updated On: Jul 12, 2023
Description
*15 Total lots
-8 Park-Owned Units
-1 Park-Owned Duplex
-5 Tenant-Owned Homes
*City Water
*1 Septic Per Unit
*Paved County Roads
Location
*Park is located minutes from downtown Okeechobee and within walking distance of the convenience store.
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Park Information
| Number of MH Lots: | 15 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1969 |
| Size: | 3 acre(s) |
Financial Information (Actual)
| Gross Income: | $116,400 |
| Operating Expense: | $38,713 |
| Net Operating Income: | $77,687 |
| Expense Ratio: | 33.3 % |
Utility Information
| Water: | City |
| Sewer: | Septic |
