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Victoria Estates Mobile Home Park 14132 Cemetary Rd., Harmonsburg, PA 16422

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Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 12.5% (Actual)
  • Listing ID: 517716
  • Posted On: Apr 22, 2015
  • Updated On: Aug 18, 2015

Description

Quiet residential park with paved streets, city sewer and a newer water plant. 3 DEP approved wells. Large maintenance building.

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Park Information

Community Type: All Age
Number of MH Lots: 26
Total Occupancy: 93.0 %
Year Built: 0
Average MH Lot Rent: $260
Size: 7 acre(s)

Financial Information (Actual)

Gross Income: $81,000
Operating Expense: $33,000
Net Operating Income: $48,000
Expense Ratio: 40.7 %
Debt Info: none

Lot Information

Singlewide Lots: 25
Doublewide Lots: 1
Triplewide Lots: 0
Park Model Lots: 0

RV Information

Number of RV Lots: 0
Average RV Lot Rent: $0

Utility Information

Water: Well
Water Paid By: Park
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 0
Average Rent for Park-owned Homes: $0

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