Contact Information

Mobile Home Park Details

  • Price: $95,000
  • Purchase Method: Cash
  • Listing ID: 5308989
  • Posted On: Apr 16, 2024
  • Updated On: Apr 23, 2024

Description

6 LOTS

5 TOH OCCUPIED

1 POH W/ TITLE VACANT

LOT RENTS @ $170/M

ALL M/M, RAISE TO $250/M ASAP

RENT POH FOR $600 OR SELL IT AS A TOH

MEDIAN HOME PRICE - $165,000

MEDIAN INCOME - $71,000

6 DIRECT BILLED CITY WATER METERS

SEPTIC

ROOM FOR MORE LOTS

WELL WATER AVAILABLE ($12/M FOR PUMP)

PARK DUMPSTER IS $180/M (BILL IT BACK)

TENANTS MAIL RENT VIA MONEY ORDERS

ALL RENTS ARE CURRENT

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Park Information

Community Type: All Age
Number of MH Lots: 6
Total Occupancy: 100.0 %
Year Built: 1980
Average MH Lot Rent: $170
Size: 5 acre(s)

Financial Information (Pro Forma)

Gross Income: $18,000
Operating Expense: $6,300
Net Operating Income: $11,800
Expense Ratio: 35.0 %

Utility Information

Water: City
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 6
Average Rent for Park-owned Homes: $170

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