Mobile Home Park Details
- Listing ID: 6762191
- Posted On: Nov 1, 2024
- Updated On: Jan 21, 2025
Description
The community has a total of (6) lots.
There are (5) Park Owned Homes, and (1) Vacant Lot
In Just 1 Year Home Appreciation in Whitwell is up 13.88%
Median Home Price in Whitwell is $174,000
6.2 Acres
Huge Upside in Rent Increases
Two 16x80 3 bed 2 bathrooms mobile home
One 2 bed 2 bath mobile home
Utilities
Water: All lots have city water directly billed to each tenant
Sewer: Septic (one tank per two trailers)(each tank is 1,000 gallons)
Electricity: All lots have individually metered electricity billed directly to the tenants
Trash: All Tenants are responsible for their own trash.
5 POHs
3 Paying $600 a month, 1 Paying $400 a month, 1 Paying $450 a month Currently.
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 6 |
| Total Occupancy: | 83.0 % |
| Size: | 6 acre(s) |
Financial Information (Actual)
| Gross Income: | $31,800 |
| Operating Expense: | $12,720 |
| Net Operating Income: | $19,080 |
| Expense Ratio: | 40.0 % |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | Septic |