Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park

Mobile Home Park Details

  • Purchase Method: Cash, New Loan, Assumable Loan
  • Cap Rate: 7.5%
  • Listing ID: 685329
  • Posted On: Jul 8, 2016
  • Updated On: May 30, 2017

Description

Mulberry Mobile Park is a 53 site mobile home park and was constructed in the 1960's on approximately 4.71 acres. Gas and electric are submetered and paid by the residents. Trash and sewer are billed directly to the tenants at a flat rate of $29. The property is on septic and well water. The park consists of 42 mobile units and 11 RVs. Amenities include laundry room. There are currently 0 vacant spaces and no park-owned units.

Location

Mulberry Mobile Park is located in the city of Turlock, in Stanislaus County.

Amenities

  • Laundromat
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Park Information

Community Type: All Age
Number of MH Lots: 42
Total Occupancy: 100.0 %
Year Built: 1960
Average MH Lot Rent: $446
Size: 5 acre(s)

Financial Information (Actual)

Net Operating Income: $194,870

Lot Information

Singlewide Lots: 42

RV Information

Number of RV Lots: 11
Average RV Lot Rent: $483

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic