Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan, Assumable Loan
- Listing ID: 460909
- Posted On: Jul 31, 2014
- Updated On: Nov 6, 2014
Description
Small management free mobile home park Tenants deposit monthly rent into local bank account Park pays water and sewer Liability Insurance is $180 per year.
Water and sewer average $350 per month. Park has notes on two of mobiles that pay $200 each a month with each having 44 months left on notes. Property tax is $640 per yr.
seller finance with 50% down
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 9 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1965 |
| Average MH Lot Rent: | $320 |
| Size: | 1 acre(s) |
Financial Information
| Gross Income: | $34,560 |
| Operating Expense: | $5,900 |
| Expense Ratio: | 17.1 % |
Lot Information
| Singlewide Lots: | 9 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |