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: Cash, New Loan
- Cap Rate: 10.0%
- Listing ID: 412778
- Posted On: Oct 30, 2013
- Updated On: Apr 4, 2014
Description
Only 2 owners on this park, current ownership of 20 years now. This park is in ship shape, great long standing management, long standing tenants. Many ups on this investment property.
Amenities
- Club House
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 149 |
| Total Occupancy: | 87.0 % |
| Average MH Lot Rent: | $245 |
| Size: | 22 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $343,380 |
| Operating Expense: | $143,302 |
| Net Operating Income: | $230,000 |
| Expense Ratio: | 41.7 % |
RV Information
| Number of RV Lots: | 10 |
| Average RV Lot Rent: | $250 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
