Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 6.8%
- Listing ID: 576865
- Posted On: Nov 2, 2015
- Updated On: Feb 2, 2016
Description
39 spaces in Bellflower CA
Electric is direct/sub
Tenants purchase propane
W,T,S currently paid by Park with water meters in-place for easy upside for new owner.
Video tour of the property -> https://www.youtube.com/watch?v=y9gDqlLIrTo
contact trever@parkviewcre.com for marketing package
Amenities
- Handicap Accessible
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 39 |
| Total Occupancy: | 87.0 % |
| Year Built: | 1947 |
| Average MH Lot Rent: | $539 |
| Size: | 1 acre(s) |
Financial Information
| Gross Income: | $244 |
| Operating Expense: | $90 |
| Net Operating Income: | $153 |
| Expense Ratio: | 36.9 % |
| Debt Info: | n/a |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |