Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 12.0%
- Listing ID: 342163
- Posted On: Nov 26, 2012
- Updated On: Jul 25, 2013
Description
This CASH COW can generate upwards of 30% cash on cash return! 7 Mobile units included, situated on 15,625 SF of land in Bennett, Colorado. Owner will carry the note with 20% Down, 6% APR, 20 Year Ammortization, 5 Year Balloon. NOI of $40,200 with $55,800 Gross Annual Income.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Number of MH Lots: | 7 |
| Total Occupancy: | 100.0 % |
Financial Information (Actual)
| Net Operating Income: | $40 |
Lot Information
| Singlewide Lots: | 7 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 7 |
| Average Rent for Park-owned Homes: | $650 |