Mobile Home Park Details
- Purchase Method: New Loan
- Cap Rate: 8.5% (Actual)
- Listing ID: 368829
- Posted On: Apr 8, 2013
- Updated On: Aug 31, 2013
Description
Family Park. 32 spaces, SFR + studio duplex. Total 35 units on city services.
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 32 |
| Total Occupancy: | 90.0 % |
| Year Built: | 1965 |
| Average MH Lot Rent: | $315 |
| Size: | 3 acre(s) |
Financial Information (Actual)
| Gross Income: | $171 |
| Operating Expense: | $86 |
| Net Operating Income: | $84 |
| Expense Ratio: | 50.3 % |
Lot Information
| Singlewide Lots: | 27 |
| Doublewide Lots: | 1 |
RV Information
| Number of RV Lots: | 4 |
| Average RV Lot Rent: | $315 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | City |