Mobile Home Park Details
- Purchase Method: Cash
- Cap Rate: 10.0% (Actual)
- Listing ID: 465798
- Posted On: Aug 17, 2014
- Updated On: Mar 31, 2015
Description
94 pad park with 3 BR house and restaurant bldg.
CONTACT: JOE LAMONICA @ 330-497-7405, 330-575-3606
gojets1961@gmail.com
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 94 |
| Total Occupancy: | 90.0 % |
| Average MH Lot Rent: | $270 |
| Size: | 9 acre(s) |
Financial Information (Actual)
| Gross Income: | $308 |
| Operating Expense: | $132 |
| Net Operating Income: | $175 |
| Expense Ratio: | 42.9 % |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - RUBs |
| Sewer: | City |