Contact Information
Mobile Home Park Details
- Price: $3,100,000
- Purchase Method: Cash, New Loan
- Cap Rate: 7.9% (Actual)
- Listing ID: 6952682
- Posted On: Jul 28, 2025
- Updated On: Jul 29, 2025
Description
See Offering memorandum Attached.
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 41 |
| Average MH Lot Rent: | $650 |
| Size: | 5 acre(s) |
Financial Information (Actual)
| Gross Income: | $400,691 |
| Operating Expense: | $155,103 |
| Net Operating Income: | $245,588 |
| Expense Ratio: | 38.7 % |
| Debt Info: | See Offering Memorandum |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 24 |
| Average Rent for Park-owned Homes: | $1,500 |
