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, New Loan
- Cap Rate: 9.1% (Pro Forma)
- Listing ID: 633511
- Posted On: Feb 12, 2016
- Updated On: Aug 17, 2016
Description
Great development opportunity! Mobile Home Park corner Elmore and Lore, next to Whitehawk. Nearly 5 acres of usable land with 25 trailers, one single family, large shop. 14 pay space rent, 11 seller-owned. Tenants pay all utilities. MOA grandfathered. Seller states 'soils consist of large, marketable quantities of gravel'. Future SFR subdivision? Close to Far North Park/BLM, EZ access to UAA/APU,
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 25 |
| Total Occupancy: | 90.0 % |
| Year Built: | 1965 |
| Average MH Lot Rent: | $463 |
| Size: | 5 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $0 |
| Operating Expense: | $56 |
| Net Operating Income: | $184 |
| Expense Ratio: | Inf % |
| Debt Info: | $105,276 |
RV Information
| Number of RV Lots: | 24 |
| Average RV Lot Rent: | $493 |
Utility Information
| Water: | Well |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | Septic |