Contact Information

Jim Tucker
tucker properties, inc

Mobile Home Park Details

  • Price: $3,900,000
  • Listing ID: 6206933
  • Posted On: Jun 13, 2024
  • Updated On: Jun 20, 2024

Description

VERY NEW BUILT 2012
VERY NEW RENTAL MOBILE HOMES
VERY UNUSUAL TO BE SO NEW
60 Total Lots
60 POH Rental Mobile Homes
Approximately 9 Acres

Location

BATESVILLE RATED #1 CITY TO LIVE
Great location in Southside school district

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Park Information

Number of MH Lots: 60
Total Occupancy: 100.0 %
Year Built: 2012
Size: 9 acre(s)

Financial Information (Actual)

Gross Income: $412,000
Operating Expense: $100,000
Net Operating Income: $312,000
Expense Ratio: 24.3 %

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 60
Average Rent for Park-owned Homes: $575

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