








Contact Information
Glenn Patterson
Mobile Home Park Details
- Price: $1,500,000
- Purchase Method: Cash, New Loan
- Cap Rate: 6.9%
- Listing ID: 2983500
- Posted On: May 23, 2023
- Updated On: May 30, 2023
Description
26 lot mobile home park and six single family rental houses
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Park Information
Number of MH Lots: | 26 |
Total Occupancy: | 93.8 % |
Average MH Lot Rent: | $265 |
Financial Information (Pro Forma)
Gross Income | $135,840 |
Operating Expense | $32,700 |
Net Operating Income | $103,140 |
Expense Ratio | 24.1 % |
Debt Info |
Lot Information
Singlewide Lots: | 26 |
Utility Information
Water: | City |
Water Paid By: | Park |
Sewer: | City |
Park-Owned Homes
Number of Park-owned Homes: | 0 |
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