Mobile Home Park Details
- Purchase Method: New Loan
- Cap Rate: 9.0%
- Listing ID: 2354096
- Posted On: Apr 4, 2023
- Updated On: Oct 4, 2023
Description
DO NOT DISTURB TENANTS, LISTING AGENT MUST BE PRESENT FOR ALL SHOWINGS, NO SIGN. 18 unit mobile home park with great income history, the MHP Owns the beautiful small cabin, studio apartment, mobile home next to studio and 3 RV's onsite. This is a revenue generating property - septic and well water in place. The cabin has long term tenants but could be converted or split off for STR.
Location
Beautiful location in the heart of the Ozarks, stable community, jobs and a Walmart nearby.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 18 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1990 |
| Average MH Lot Rent: | $375 |
| Size: | 6 acre(s) |
Financial Information (Actual)
| Gross Income: | $81,540 |
| Operating Expense: | $24,462 |
| Net Operating Income: | $57,078 |
| Expense Ratio: | 30.0 % |
RV Information
| Number of RV Lots: | 4 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |