Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: New Loan
- Cap Rate: 10.0% (Actual)
- Listing ID: 373971
- Posted On: Jun 3, 2013
- Updated On: Feb 15, 2016
Description
Cokel is a 39 site mobile home park located in Monmouth, IL that sold in December, 2013.
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 39 |
| Total Occupancy: | 93.0 % |
| Year Built: | 1970 |
| Average MH Lot Rent: | $215 |
| Size: | 6 acre(s) |
Financial Information (Actual)
| Gross Income: | $98,580 |
| Operating Expense: | $13,060 |
| Net Operating Income: | $78,860 |
| Expense Ratio: | 13.2 % |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |
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