Photo of Mobile Home Park
Photo of Mobile Home Park
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

Video

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