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Counrty Villa Mobile Home Court 5435 Lewellyn Road, Lakeland, FL 33810

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Mobile Home Park Details

  • Purchase Method: New Loan
  • Land: This is land for developing a mobile home park
  • Cap Rate: 7.2%
  • Listing ID: 378961
  • Posted On: Jun 19, 2013
  • Updated On: May 22, 2014

Description

45 Space senior community and executive home, several rental units.

Amenities

  • Club House
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Park Information

Community Type: 55 And Over
Number of MH Lots: 45
Total Occupancy: 75.0 %
Year Built: 1970
Average MH Lot Rent: $303
Size: 5 acre(s)

Financial Information

Gross Income: $134
Operating Expense: $50
Net Operating Income: $83
Expense Ratio: 37.3 %
Debt Info: o

Lot Information

Singlewide Lots: 43
Doublewide Lots: 2
Triplewide Lots: 0
Park Model Lots: 0

RV Information

Number of RV Lots: 0
Average RV Lot Rent: $303

Utility Information

Water: Well
Water Paid By: Park
Sewer: Treatment Plant

Park-Owned Homes

Number of Park-owned Homes: 25
Average Rent for Park-owned Homes: $492

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