Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park

Mobile Home Park Details

  • Purchase Method: Cash, Seller Financing
  • Cap Rate: 16.0%
  • Listing ID: 622698
  • Posted On: Jan 23, 2016
  • Updated On: Aug 22, 2018

Description

South Hiram Mobile Home Community is located at 505 Tripp Town Road in Hiram. The park has 10 existing lots and a duplex that are rented. The park is licensed for 15 pads and there is additional raw land for more pads, that would need Town and State approval. Each lot has a septic and leachfield. Rural setting with mountain views.

Location

Rural, country setting

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Park Information

Community Type: All Age
Number of MH Lots: 10
Total Occupancy: 75.0 %
Average MH Lot Rent: $330
Size: 17 acre(s)

Financial Information (Actual)

Gross Income: $44,800
Operating Expense: $13,836
Net Operating Income: $30,963
Expense Ratio: 30.9 %

Lot Information

Singlewide Lots: 10

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

Other Listings by Scott Robert