Contact Information
Mobile Home Park Details
- Price: $4,500,000
- Cap Rate: 6.2% (Actual)
- Listing ID: 6924832
- Posted On: Jun 18, 2025
- Updated On: Jun 24, 2025
Description
- 85 tenant owned homes
- Pull barn on property with office (currently rented by a beauty salon for $430 per month)
- 100% occupied
- Public Water and Public Sewer
- Town picks up garbage
- Paving and plowing done by town (Town owns the roads)
- 23 Double Wides have lot rent at $485 a month
- 46 Double Wides have lot rent at $430 a month
- 16 Single Wides have lot rent at $385 a month
- Residents pay their own water & sewer bills
Location
- Located in Seneca County
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Park Information
| Number of MH Lots: | 86 |
| Total Occupancy: | 100.0 % |
| Size: | 41 acre(s) |
Financial Information (Actual)
| Gross Income: | $450,300 |
| Operating Expense: | $171,758 |
| Net Operating Income: | $278,542 |
| Expense Ratio: | 38.1 % |
Utility Information
| Water: | City |
| Sewer: | City |
