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
- Cap Rate: 10.0% (Actual)
- Listing ID: 551648
- Posted On: Aug 4, 2015
- Updated On: Mar 21, 2022
Description
6 residential lots
2 doublewides
1 singlewide
2 houses
1 extra lot
Location
Great location
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 6 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1970 |
| Average MH Lot Rent: | $645 |
| Size: | 3 acre(s) |
Financial Information (Actual)
| Gross Income: | $38,700 |
| Operating Expense: | $8,940 |
| Net Operating Income: | $29,760 |
| Expense Ratio: | 23.1 % |
Lot Information
| Triplewide Lots: | 6 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 5 |
| Average Rent for Park-owned Homes: | $645 |