CITY WATER AND CITY SEWER 602 East 7th Street
, Tahlequah, OK 74464

For Sale     $395,000

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Contact Information

Ron Pillay
Spring Cove RV Park LLC

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Mobile Home Park Details

  • Price: $395,000
  • Purchase Method: Cash
  • Cap Rate: 14.0%
  • Listing ID: 2963171
  • Posted On: May 19, 2023
  • Updated On: Jun 5, 2023

Description

18 sites - WITH 15 HOMES AND 3 VACANT LOTS All Mobile homes

Location

City of Tahlequah - walking distances to Walmart, Lowes, Banks and restaurant's

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Park Information

Community Type: All Age
Number of MH Lots: 18
Total Occupancy: 80.0 %
Year Built: 1985
Average MH Lot Rent: $300
Size: 1 acre(s)

Financial Information (Pro Forma)

Gross Income $90,000
Operating Expense $36,000
Net Operating Income $54,000
Expense Ratio 40.0 %
Debt Info

Lot Information

Singlewide Lots: 15
Doublewide Lots: 0
Triplewide Lots: 0
Park Model Lots: 15

Utility Information

Water: City
Water Paid By: Park
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 15

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