Mobile Home Park Details
- Listing ID: 576853
- Posted On: Nov 1, 2015
- Updated On: Jan 26, 2016
Description
Twenty five space mobile home park with updated utilities on 14.85 acres. Well and septic. In operation for 59 years with steady income. Turn key operation with recent Phase 1 environmental study , Mechanical inspection and survey. Additional property available with 16 recorded 1/2 acre residential lots.
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 25 |
| Total Occupancy: | 92.0 % |
| Year Built: | 1956 |
| Average MH Lot Rent: | $385 |
| Size: | 15 acre(s) |
Financial Information
| Gross Income: | $107 |
| Operating Expense: | $30 |
| Net Operating Income: | $77 |
| Expense Ratio: | 28.0 % |
Lot Information
| Singlewide Lots: | 24 |
| Doublewide Lots: | 1 |
RV Information
| Number of RV Lots: | 0 |
| Average RV Lot Rent: | $0 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |