Easy to manage Good money maker
Long term tenants
EXECUTIVE SUMMARY
Bread and butter mobile home park with two lots combined 1-011 and 1-010. 18 pads & house. 9 units owned by owners. Good money maker. NOI of $75,000.00+. Most tenants have been there 5+ years. Easy to Manage.
PROPERTY FACTS
Price $749,000
Price Per Unit $39,421
Sale Type Investment
Cap Rate 10.01%
No. Units 19
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Apartment Style Garden
Building Class C
Lot Size 5.70 AC
Building Size 9,500 SF
No. Stories 1
Year Built 1970
Parking Ratio 2/1,000 SF
UNIT MIX INFORMATION
DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 19 - 500