Photo of Mobile Home Park
Mobile Home Park Details
- Cap Rate: 10.5%
- Listing ID: 408885
- Posted On: Oct 11, 2013
- Updated On: Dec 18, 2013
Description
Country charm at it's best. Beautiful wooded setting, just outside of the City of Sturgeon Bay. Very close to newer school and just off of the Hwy. Historical occupancy has been 100% for several years in this community. Well and Septic and Gravels roads. Priced to Sell.
Principals Only Please.
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 20 |
| Total Occupancy: | 100.0 % |
| Average MH Lot Rent: | $230 |
| Size: | 6 acre(s) |
Financial Information (Actual)
| Gross Income: | $61,522 |
| Operating Expense: | $19,453 |
| Net Operating Income: | $42,069 |
| Expense Ratio: | 31.6 % |
Utility Information
| Water: | Well |
| Sewer: | Septic |