Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: New Loan
- Listing ID: 392085
- Posted On: Aug 7, 2013
- Updated On: Oct 11, 2013
Description
The beautiful well maintained property consists of nine mobile home units,one single family house and several detached storage/utility buildings.Four additonal MH lots can be built on. $60,000 gross income
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 13 |
| Total Occupancy: | 90.0 % |
| Year Built: | 1979 |
| Average MH Lot Rent: | $500 |
| Size: | 12 acre(s) |
Financial Information
| Gross Income: | $60,000 |
| Operating Expense: | $8,100 |
| Net Operating Income: | $51,900 |
| Expense Ratio: | 13.5 % |
Lot Information
| Singlewide Lots: | 8 |
| Doublewide Lots: | 1 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 10 |
| Average Rent for Park-owned Homes: | $500 |