Photo of Manufactured Home Community
Photo of Multi Family Housing
Photo of Mobile Home Community
Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 7.8%
- Listing ID: 68816
- Posted On: Apr 13, 2011
- Updated On: May 17, 2012
Description
Royal Crest Mobile Home Park is a super clean 47 space senior mobile home park. The park is direct billed for electric, and has sub-metered gas and water. The amenities include a pool and laundry room.
Location
Yucca Valley is located approx 30 minutes from Palm Springs.
Amenities
- Laundromat
- Pool
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | 55 And Over |
| Number of MH Lots: | 47 |
| Total Occupancy: | 97.0 % |
| Size: | 5 acre(s) |
Financial Information (Actual)
| Gross Income: | $229 |
| Operating Expense: | $103 |
| Net Operating Income: | $126,000 |
| Expense Ratio: | 45.0 % |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | Septic |
