Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 16.9%
- Listing ID: 522005
- Posted On: May 15, 2015
- Updated On: Nov 16, 2015
Description
Eight space Mobile Home Park with (one) 1500 SF rental home. Solid income with six park owned units and 2 space rent tenants. Long term tenants in park units, space renters, and rental home. Easy to manage and on city services. 1.02 acres close to downtown Kuna. PLEASE DO NOT CONTACT TENANTS DIRECTLY. - IF YOU WISH TO SEE THE PROPERTY PLEASE CALL - PLEASE DO NOT BOTHER OUR GOOD TENANTS.
Location
S on Meridian / Kuna Road, W on Deer Flat Road, S on Linder Road, W on Boise Avenue, S on Franklin Avenue
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 8 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1965 |
| Average MH Lot Rent: | $275 |
| Size: | 1 acre(s) |
Financial Information (Actual)
| Gross Income: | $59,280 |
| Operating Expense: | $7,028 |
| Net Operating Income: | $52,252 |
| Expense Ratio: | 11.9 % |
Lot Information
| Singlewide Lots: | 2 |
| Doublewide Lots: | 0 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
RV Information
| Number of RV Lots: | 0 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 7 |
| Average Rent for Park-owned Homes: | $625 |