Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan
- Listing ID: 687831
- Posted On: Jul 15, 2016
- Updated On: Oct 7, 2017
Description
A 119 unit mobile home park with city water and city sewer, paved streets, street lights with off street parking. A very simple park to own and manage.
Location
Wilkesboro NC is about 45 minutes West of I 77 and Hwy 441
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 119 |
| Total Occupancy: | 88.0 % |
| Year Built: | 0 |
| Average MH Lot Rent: | $220 |
| Size: | 26 acre(s) |
Financial Information
| Gross Income: | $280,000 |
| Operating Expense: | $63,216 |
| Net Operating Income: | $216,784 |
| Expense Ratio: | 22.6 % |
| Debt Info: | 1.3 mil |
Lot Information
| Singlewide Lots: | 80 |
| Doublewide Lots: | 39 |
| 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: | Tenant - Submetered |
| Sewer: | City |