Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 5.0%
- Listing ID: 3965735
- Posted On: Nov 7, 2023
- Updated On: Feb 8, 2024
Description
Simple RV /MHP located in the quaint community of Punkin Center. Punkin Center has approximately 3 restaurants, a bar, hotel.
It is known for being a retreat for off-roading, bass fishing, boating, and scenic hiking.
Location
Tonto Basin see map
Amenities
- Laundromat
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 42 |
| Total Occupancy: | 95.0 % |
| Year Built: | 1993 |
| Average MH Lot Rent: | $300 |
| Size: | 9 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $180,000 |
| Operating Expense: | $60,000 |
| Net Operating Income: | $120,000 |
| Expense Ratio: | 33.3 % |
| Debt Info: | non assumable |
Lot Information
| Singlewide Lots: | 10 |
| Doublewide Lots: | 10 |
| Park Model Lots: | 22 |
RV Information
| Number of RV Lots: | 20 |
| Average RV Lot Rent: | $300 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 4 |
| Average Rent for Park-owned Homes: | $900 |