Mobile Home Park Details
- Purchase Method: Cash
- Listing ID: 5308989
- Posted On: Apr 16, 2024
- Updated On: Oct 3, 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 % |
Lot Information
| Singlewide Lots: | 6 |
| Doublewide Lots: | 0 |
| Triplewide Lots: | 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 |
