Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Seller Financing
- Cap Rate: 8.0%
- Listing ID: 574139
- Posted On: Oct 15, 2015
- Updated On: May 22, 2017
Description
Well occupied park well excellent cash flow offered with Seller Financing - NO BANKS!! Park is on city water and sewer. Toledo is a darling little town located seven miles inland from Newport on the Oregon Coast.
SEE ATTACHED MARKETING FLYER FOR MORE INFO.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 32 |
| Total Occupancy: | 95.0 % |
| Year Built: | 1965 |
| Average MH Lot Rent: | $350 |
| Size: | 0 acre(s) |
Financial Information
| Gross Income: | $131 |
| Operating Expense: | $69 |
| Net Operating Income: | $52 |
| Expense Ratio: | 52.7 % |
| Debt Info: | Free n Clear, SELLER FINANCING |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |