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Front field
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Mobile Home Park Details
- Purchase Method: Cash
- Cap Rate: 13.0% (Actual)
- Listing ID: 408554
- Posted On: Oct 10, 2013
- Updated On: Oct 16, 2014
Description
Small, established, 100% leased park for sale in Como, MS. Take advantage of this opportunity to own your own park. Ready for new owner to step in and take over this fully leased, 17 units mobile home park. All tenants pay separate utilities. Owner is responsible for taxes, water, garbage and repairs. Rents are from $400 - $475/month. Rent roll, map of property and length of all tenants attached. Units can all be turned over to tenants for 100% tenant-owned homes.
Potential for additional units, too.
Call for information or a showing.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 17 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1975 |
| Average MH Lot Rent: | $450 |
| Size: | 2 acre(s) |
Financial Information (Actual)
| Gross Income: | $89,700 |
| Operating Expense: | $13,812 |
| Net Operating Income: | $75,888 |
| Expense Ratio: | 15.4 % |
Lot Information
| Doublewide Lots: | 17 |
RV Information
| Number of RV Lots: | 17 |
| Average RV Lot Rent: | $450 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 17 |
| Average Rent for Park-owned Homes: | $450 |