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Acorn Acres 113 Washington Street, Auburn, MA 01501

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

Mobile Home Park Details

  • Purchase Method: New Loan
  • Cap Rate: 7.5% (Actual)
  • Listing ID: 694949
  • Posted On: Aug 8, 2016
  • Updated On: Nov 30, 2016

Description

37 Unit MHP with a 40X60 Commercial butler building on site and rented. Located on Route 20 in Auburn Mass. Conveniently located near shopping but secluded. Occupancy has been in the 95% range in the last 5 years.

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Park Information

Community Type: All Age
Number of MH Lots: 37
Total Occupancy: 95.0 %
Year Built: 1960
Average MH Lot Rent: $387
Size: 7 acre(s)

Financial Information (Actual)

Gross Income: $183
Operating Expense: $70
Net Operating Income: $112
Expense Ratio: 38.3 %

Lot Information

Singlewide Lots: 35
Doublewide Lots: 2
Triplewide Lots: 0
Park Model Lots: 0

Utility Information

Water: City
Water Paid By: Park
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 0

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