Shady Acres MHP
Shady Acres MHP
Shady Acres MHP
Shady Acres MHP
Shady Acres MHP
Shady Acres MHP
Shady Acres MHP
Shady Acres MHP
Shady Acres MHP
Shady Acres MHP
Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 9.0%
- Listing ID: 385370
- Posted On: Jul 8, 2013
- Updated On: Sep 5, 2013
Description
Owner Carry for right buyer. Nicely maintained Mobile Home Park in Southern Oregon. Owner Carry... 33 spaces with a combination of mobile homes, 2 small stick built homes and a few RV tenants. Onsite manager is good, on Well and City Sewer. Rents are only $245 including W/S and with other Shady Cove MHPs at $380+W/S/G+other fees. 100% occupied. All other MHPs in area are full as well. Good, Solid investment. 9%CAP on current income and there is additional income from a short term contract on a home.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 33 |
| Total Occupancy: | 100.0 % |
| Average MH Lot Rent: | $265 |
| Size: | 4 acre(s) |
Financial Information (Actual)
| Gross Income: | $138,696 |
| Operating Expense: | $65,924 |
| Net Operating Income: | $69,604 |
| Expense Ratio: | 47.5 % |
| Debt Info: | None |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 9 |
| Average Rent for Park-owned Homes: | $530 |