Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash
- Listing ID: 673720
- Posted On: Jun 3, 2016
- Updated On: Aug 24, 2018
Description
Mobile home park located inside Tifton, GA city limits. All city services available. Seperate water meters for each lot. 45 total lots. 7 tenant owned mobile homes / 37 park owned homes / 1 empty lot. Lot rent $150/lmonthly for tenant owned mobile homes. Lot/mobile home rent for park owned mobiles range between $275-425/month
Currently owned by same owner since 1997. Cash flow for 2015 -- $133,066 gross income netting $85,480
FOR SALE BY OWNER -- $575,000. (229) 392-3156 or (229) 392-8885
Email directly to clint2217@yahoo.com
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Number of MH Lots: | 44 |
| Total Occupancy: | 100.0 % |
| Average MH Lot Rent: | $125 |
Financial Information (Actual)
| Gross Income: | $133 |
| Operating Expense: | $47 |
| Net Operating Income: | $85 |
| Expense Ratio: | 35.3 % |
| Debt Info: | none |
Lot Information
| Singlewide Lots: | 28 |
| Doublewide Lots: | 16 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 37 |
| Average Rent for Park-owned Homes: | $325 |
