Contact Information

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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