Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan
- Listing ID: 568619
- Posted On: Sep 9, 2015
- Updated On: Feb 4, 2016
Description
Mobile Home Park located in Rockford Illinois licensed for 64 spaces. There are Currently 34 trailers. Owners are in distress and are done!
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 64 |
| Year Built: | 1970 |
| Average MH Lot Rent: | $300 |
| Size: | 10 acre(s) |
Financial Information
| Gross Income: | $8,700 |
| Operating Expense: | $1,400 |
| Net Operating Income: | $7,300 |
| Expense Ratio: | 16.1 % |
Lot Information
| Singlewide Lots: | 64 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 6 |
| Average Rent for Park-owned Homes: | $500 |
