Mobile Home Park Details
- Cap Rate: 7.7% (Actual)
- Listing ID: 6745616
- Posted On: Oct 10, 2024
- Updated On: Jan 14, 2025
Description
* 38 Lots
* All Tenant-Owned Homes
* 5 Vacant Lots
* 3.09 Acres
* City Water & Septic
* Tenants pay for Garbage, Water and Electricity
* Park Manager will stay on
* Park Maintenance person will stay on
Location
* Located in Washington County
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Park Information
| Number of MH Lots: | 38 |
| Total Occupancy: | 86.4 % |
| Size: | 3 acre(s) |
Financial Information (Actual)
| Gross Income: | $226,836 |
| Operating Expense: | $50,690 |
| Net Operating Income: | $145,366 |
| Expense Ratio: | 22.3 % |
Utility Information
| Water: | City |
| Sewer: | Septic |
