Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 9.7% (Actual)
- Listing ID: 547524
- Posted On: Jul 15, 2015
- Updated On: Oct 28, 2015
Description
Green Valley Mobile Park has 56 sites, & runs full most of the time. This Park is ready for a seasoned Buyer who is looking for a good investment. The Park has City Water & Sewer. The streets are County owned but are hard packed Gravel. This Park has good onsite Management with its own Office Manager & Maintenance Manager. The Gas Rights can be available with purchase. The Park is located just off Interstate 81, Exit 230, in Hallstead, Pa.
Amenities
- Storage
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 56 |
| Total Occupancy: | 100.0 % |
| Year Built: | 2000 |
| Average MH Lot Rent: | $665 |
| Size: | 28 acre(s) |
Financial Information (Actual)
| Gross Income: | $449 |
| Operating Expense: | $217 |
| Net Operating Income: | $224 |
| Expense Ratio: | 48.3 % |
Lot Information
| Singlewide Lots: | 18 |
| Doublewide Lots: | 38 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
RV Information
| Number of RV Lots: | 0 |
| Average RV Lot Rent: | $0 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 53 |
| Average Rent for Park-owned Homes: | $665 |