Mobile Home Park Details

  • Purchase Method: Seller Financing, New Loan
  • Listing ID: 521841
  • Posted On: May 12, 2015
  • Updated On: Feb 17, 2017

Description

THIS PARK IS FIVE MINUTES TO US ROUTE 81 NEAR SUPER WAL-MART, SCHOOLS, AND MAJOR SHOPPING VENUES, PARK HAS THE APPROVAL FOR ADDITIONAL 35 LOTS AND DRAWINGS ARE DONE AND AVAILABLE. AS SHOWN, THIS IS A 55+ SENIOR DEVELOPMENT. WATER IS SUPPLIED BY AN UNLIMITED AQUAFIER UNDER PARK LAND HUGE 3,000 SQ FT POLE BARN WITH 18' CIELINGS WITH FULL GARAGE DOORS

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Park Information

Community Type: 55 And Over
Number of MH Lots: 35
Total Occupancy: 77.0 %
Year Built: 1977
Average MH Lot Rent: $360
Size: 24 acre(s)

Financial Information

Gross Income: $99
Operating Expense: $54
Net Operating Income: $45
Expense Ratio: 54.5 %
Debt Info: 195,000.00 bal of mortgage

Lot Information

Singlewide Lots: 10
Doublewide Lots: 25

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

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