Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 10.6%
- Listing ID: 620842
- Posted On: Jan 19, 2016
- Updated On: Sep 26, 2016
Description
Motivated Sellers. Traditionally strong occupancy. City water/sewer, not metered however. Good lots sizes and all tenant owned homes. For financial information please visit our website at www.birchrealty.com, this will be listing #216 on our site. If you would like to contact us please call at 727-914-8729 or email at stan1@birchrealty.com
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 34 |
| Total Occupancy: | 90.0 % |
| Year Built: | 1970 |
| Average MH Lot Rent: | $310 |
| Size: | 5 acre(s) |
Financial Information
| Gross Income: | $89,295 |
| Operating Expense: | $41,969 |
| Net Operating Income: | $47,326 |
| Expense Ratio: | 47.0 % |
RV Information
| Number of RV Lots: | 0 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |