Contact Information
ALAN LAWTON
Wild Elm Properties LLC
Wild Elm Properties LLC
Mobile Home Park Details
- Price: $1,399,000
- Purchase Method: Cash, New Loan
- Cap Rate: 8.0% (Actual)
- Listing ID: 6894286
- Posted On: May 6, 2025
- Updated On: May 6, 2025
Description
15-unit mobile home park located in Orange County Florida. All units are parked owned. City Water and sewer. Each unit has its own meter for power. Room for three more units. Gross rents for 2024 $149,000. Professionally Managed turnkey operation. All the units have been recently gone through. Great location and easy to rent in greater Orlando area.
Location
Orange County FL
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Park Information
Community Type: | All Age |
Number of MH Lots: | 15 |
Total Occupancy: | 90.0 % |
Year Built: | 1988 |
Average MH Lot Rent: | $950 |
Size: | 2 acre(s) |
Financial Information (Actual)
Gross Income: | $149,000 |
Operating Expense: | $38,000 |
Net Operating Income: | $111,000 |
Expense Ratio: | 25.5 % |
Debt Info: | None |
Lot Information
Singlewide Lots: | 15 |
Doublewide Lots: | 0 |
Utility Information
Water: | City |
Water Paid By: | Park |
Sewer: | City |
Park-Owned Homes
Number of Park-owned Homes: | 15 |
Average Rent for Park-owned Homes: | $950 |