Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park

Mobile Home Park Details

  • Purchase Method: New Loan
  • Cap Rate: 8.0%
  • Listing ID: 574141
  • Posted On: Oct 15, 2015
  • Updated On: May 22, 2017

Description

Immaculately maintained park in Port Angeles with quiet location and view of the Olympic National Forest. New water lines throughout and new septic. New paving. Long term tenants. Three stick built homes included, one built in 2004. Plenty of room to expand. Must be cash out - Financing available.

SEE ATTACHED FLYER FOR MORE INFORMATION.

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Park Information

Community Type: All Age
Number of MH Lots: 22
Total Occupancy: 100.0 %
Year Built: 1970
Average MH Lot Rent: $375
Size: 3 acre(s)

Financial Information

Gross Income: $111
Operating Expense: $35
Net Operating Income: $70
Expense Ratio: 31.5 %
Debt Info: Free and Clear

Utility Information

Water: City
Water Paid By: Park
Sewer: Septic