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Mark Otter/Owner 183 Southeast State Route 13, Warrensburg, MO 64093

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Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 10.0% (Actual)
  • Listing ID: 4605473
  • Posted On: Mar 5, 2024
  • Updated On: May 20, 2024

Description

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Park Information

Community Type: All Age
Number of MH Lots: 30
Total Occupancy: 100.0 %
Year Built: 1992
Size: 6 acre(s)

Financial Information (Actual)

Gross Income: $132,960
Operating Expense: $30,517
Net Operating Income: $102,443
Expense Ratio: 23.0 %
Debt Info: No debt on park or homes

Lot Information

Singlewide Lots: 30
Doublewide Lots: 0

RV Information

Number of RV Lots: 0

Utility Information

Water: City
Water Paid By: Park
Sewer: Treatment Plant

Park-Owned Homes

Number of Park-owned Homes: 17
Average Rent for Park-owned Homes: $650

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