Mobile Home Park Details
- Purchase Method: Cash
- Cap Rate: 7.5% (Actual)
- Listing ID: 519215
- Posted On: Apr 30, 2015
- Updated On: Mar 21, 2022
Description
GOOD LOCATION! Located on busy Hwy 5N (Stagecoach Road).
66 lots 1house & small car lot
Right in the path of progress
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 66 |
| Total Occupancy: | 70.0 % |
| Year Built: | 1970 |
| Average MH Lot Rent: | $300 |
| Size: | 8 acre(s) |
Financial Information (Actual)
| Gross Income: | $165,414 |
| Operating Expense: | $102,008 |
| Net Operating Income: | $63,406 |
| Expense Ratio: | 61.7 % |
Lot Information
| Singlewide Lots: | 46 |
| Doublewide Lots: | 20 |
Utility Information
| Water Paid By: | Park |
| Sewer: | City |