Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 11.0%
- Listing ID: 680423
- Posted On: Jun 23, 2016
- Updated On: Jul 2, 2017
Description
22 pad park on 20 acres in Waynesboro-Staunton metro area (2010 census population 118,502). Lots of room for additional pads. City water & sewer. Paved road.
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Financial Information
| Gross Income: | $90 |
| Operating Expense: | $28 |
| Net Operating Income: | $61 |
| Expense Ratio: | 31.1 % |
| Debt Info: | NOI excludes finance costs |
Lot Information
| Singlewide Lots: | 22 |
| Doublewide Lots: | 0 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
RV Information
| Number of RV Lots: | 0 |
| Average RV Lot Rent: | $0 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 9 |
| Average Rent for Park-owned Homes: | $500 |