Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 10.0%
- Listing ID: 672545
- Posted On: Jun 1, 2016
- Updated On: Nov 3, 2016
Description
Super Nice Small Park includes a House and eff apartment
Amenities
- Storage
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 14 |
| Total Occupancy: | 80.0 % |
| Average MH Lot Rent: | $225 |
Financial Information
| Gross Income: | $58,000 |
| Operating Expense: | $30,000 |
| Net Operating Income: | $28,000 |
| Expense Ratio: | 51.7 % |
Lot Information
| Doublewide Lots: | 14 |
RV Information
| Number of RV Lots: | 2 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 5 |
| Average Rent for Park-owned Homes: | $650 |