Mobile Home Park Details
- Purchase Method: Cash
- Cap Rate: 6.0%
- Listing ID: 396021
- Posted On: Aug 22, 2013
- Updated On: Nov 28, 2016
Description
187 Lots
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Park Information
| Number of MH Lots: | 187 |
| Total Occupancy: | 98.0 % |
| Year Built: | 1970 |
| Average MH Lot Rent: | $525 |
| Size: | 50 acre(s) |
Financial Information
| Gross Income: | $1,152,000 |
| Operating Expense: | $336,000 |
| Net Operating Income: | $816,000 |
| Expense Ratio: | 29.2 % |
Lot Information
| Singlewide Lots: | 52 |
| Doublewide Lots: | 135 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |