Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: New Loan
- Cap Rate: 15.0%
- Listing ID: 405313
- Posted On: Sep 27, 2013
- Updated On: Sep 22, 2014
Description
Quasky Village Mobile Home Park is a 39 site community in Quasqueton, IA that sold in April, 2014.
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 39 |
| Total Occupancy: | 56.0 % |
| Year Built: | 1977 |
| Average MH Lot Rent: | $320 |
| Size: | 5 acre(s) |
Financial Information
| Gross Income: | $104,520 |
| Operating Expense: | $52,790 |
| Net Operating Income: | $51,730 |
| Expense Ratio: | 50.5 % |
Lot Information
| Singlewide Lots: | 39 |
RV Information
| Number of RV Lots: | 3 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 39 |
| Average Rent for Park-owned Homes: | $150 |
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