Contact Information

Mobile Home Park Details

  • Price: $200,000
  • Purchase Method: Cash, New Loan
  • Cap Rate: 14.0%
  • Listing ID: 6482015
  • Posted On: Jul 4, 2024
  • Updated On: Nov 14, 2024

Description

MHP - space for 06 units - right now the park as only 5 units/
1 remodeled unit at $750
1 renovated renting for $675 a month
1 remodeled units at $650
1 unit at $400 - not remodeled
1 unit at $350 - not remodeled
land and homeowner owned.
separate electrical bill
separate water bill
Call / text for more details
NO OWNER FINANCING
973 294-4698
jlanfir@hotmail.com

Location

SPARTANBURG, SC

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Park Information

Community Type: All Age
Number of MH Lots: 6
Total Occupancy: 100.0 %
Year Built: 1985
Average MH Lot Rent: $650
Size: 1 acre(s)

Financial Information (Actual)

Gross Income: $46,800
Operating Expense: $3,000
Net Operating Income: $43,800
Expense Ratio: 6.4 %

Lot Information

Singlewide Lots: 6

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: Septic