Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 379752
- Posted On: Jun 25, 2013
- Updated On: Dec 30, 2013
Description
19 SPACES WITH LIFT STATION NEW IN 2009. CITY WATER , GRANDFATHERED SINCE 1971. PARK IS MINUTES TO I-4 AND POLK COUNTY TOLL, 2 MINUTES TO DOWN TOWN LAKELAND. GREAT LOCATION NEVER A PROBLEM WITH FULLING UNIT UP. BRING ALL OFFERS. RENT ARE ON THE LOW END. ADVERAGE RENTS SHOULD BE INCREASED TO $480.00 AND UP EASLY. CURRENT OWNER HAS OTHER INTEREST AND WANTS TO SALE.
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 19 |
| Total Occupancy: | 95.0 % |
| Year Built: | 1970 |
| Average MH Lot Rent: | $420 |
| Size: | 3 acre(s) |
Financial Information (Actual)
| Gross Income: | $90,000 |
| Operating Expense: | $15,000 |
| Net Operating Income: | $75,000 |
| Expense Ratio: | 16.7 % |
Lot Information
| Singlewide Lots: | 19 |
| Doublewide Lots: | 0 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
RV Information
| Number of RV Lots: | 0 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 19 |
| Average Rent for Park-owned Homes: | $420 |