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
- Cap Rate: 7.0% (Actual)
- Listing ID: 637153
- Posted On: Feb 23, 2016
- Updated On: Mar 21, 2022
Description
72 lots
66 rentals
Small frontage on
Beautiful Lake Hamilton
Hot Springs, Arkansas
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Number of MH Lots: | 72 |
| Total Occupancy: | 80.0 % |
| Average MH Lot Rent: | $200 |
| Size: | 12 acre(s) |
Financial Information (Actual)
| Gross Income: | $308,763 |
| Operating Expense: | $217,593 |
| Net Operating Income: | $91,179 |
| Expense Ratio: | 70.5 % |
Lot Information
| Singlewide Lots: | 72 |
| Doublewide Lots: | 50 |
Utility Information
| Water: | City |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 66 |
| Average Rent for Park-owned Homes: | $350 |
