Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
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, Assumable Loan
- Cap Rate: 11.3% (Actual)
- Listing ID: 549776
- Posted On: Jul 25, 2015
- Updated On: Apr 25, 2016
Description
69 Spaces situated on 5.2 acres in the City of Klamath Falls. 29 mh spaces 40 rv spaces 3 separate shop buildings. 11 Park owned MH.
Amenities
- Laundromat
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 29 |
| Year Built: | 0 |
| Average MH Lot Rent: | $290 |
| Size: | 5 acre(s) |
Financial Information (Actual)
| Gross Income: | $223 |
| Operating Expense: | $127 |
| Net Operating Income: | $96 |
| Expense Ratio: | 57.0 % |
| Debt Info: | $330,000, 8%, $3,781.90/month |
Lot Information
| Singlewide Lots: | 24 |
| Doublewide Lots: | 5 |
RV Information
| Number of RV Lots: | 40 |
| Average RV Lot Rent: | $290 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 11 |
| Average Rent for Park-owned Homes: | $470 |