Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 8.1%
  • Listing ID: 2346322
  • Posted On: Apr 4, 2023
  • Updated On: Jul 3, 2024

Description

Land Size: 0.57 Acres
Type of Park: All Age Community
# of Spaces: 18 Legal Mobile Home Spaces
Utilities: Electric and Gas are paid by Tenants
Utilities: City Water, Trash, Septic expense is
paid by park and included in the rent currently.
Amenities: Laundry Room [Currently Closed]

Location

9510 Harbor Drive, Glenhaven, CA 95443

Amenities

  • Laundromat
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Park Information

Community Type: All Age
Number of MH Lots: 18
Total Occupancy: 61.0 %
Average MH Lot Rent: $464
Size: 1 acre(s)

Financial Information (Actual)

Gross Income: $125,400
Operating Expense: $88,915
Net Operating Income: $36,485
Expense Ratio: 70.9 %

Lot Information

Singlewide Lots: 18

Utility Information

Water: City
Water Paid By: Park
Sewer: Septic

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