Mobile Home Park Details
- Cap Rate: 15.4% (Pro Forma)
- Listing ID: 6729639
- Posted On: Sep 16, 2024
- Updated On: Dec 9, 2024
Description
Contact Lead Broker: William Capone
Email: wcapone@SIGnnn.com
Phone Number: 954-723-8342
Sands Investment Group is Pleased to Exclusively Offer For Sale Pecan Grove MHP Located at 765 Union Church Road in Brookhaven, MS. This Deal Includes a Massive Value-Add Potential By Occupying Vacant Park Owned Homes, Refining Management Processes and Increasing Rents, Providing For a Secured Investment.
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Park Information
| Number of MH Lots: | 11 |
| Total Occupancy: | 27.0 % |
| Size: | 1 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $77,700 |
| Operating Expense: | $23,855 |
| Net Operating Income: | $53,845 |
| Expense Ratio: | 30.7 % |
Lot Information
| Singlewide Lots: | 11 |
Utility Information
| Water: | City |
| Sewer: | City |
