Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Seller Financing
- Cap Rate: 19.0%
- Listing ID: 431415
- Posted On: Apr 7, 2014
- Updated On: Feb 5, 2015
Description
This is a 2 park package both located approximately 20 minutes outside of Columbus, OH. Seller Financing is available. Mostly park owned homes however motivated Seller's! For financial information please visit our website at www.birchrealty.com. These will be listing number #205 on our site. If you would like to contact us please call 248-740-9490 or stan1@birchrealty.com
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 60 |
| Total Occupancy: | 90.0 % |
| Year Built: | 1980 |
| Average MH Lot Rent: | $200 |
| Size: | 7 acre(s) |
Financial Information
| Gross Income: | $258,300 |
| Operating Expense: | $54,804 |
| Net Operating Income: | $203,496 |
| Expense Ratio: | 21.2 % |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Treatment Plant |
Park-Owned Homes
| Number of Park-owned Homes: | 42 |
| Average Rent for Park-owned Homes: | $450 |