Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Mobile Home Park Details
- Cap Rate: 15.5% (Actual)
- Listing ID: 700300
- Posted On: Aug 26, 2016
- Updated On: Dec 30, 2021
Description
21-Space Community in Lyons, Indiana with 17 park-owned units. 18 storage units included rent at $40/month (An additional $8,640 in revenue possible).
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 21 |
| Total Occupancy: | 100.0 % |
| Average MH Lot Rent: | $125 |
| Size: | 2 acre(s) |
Financial Information (Actual)
| Gross Income: | $83,280 |
| Operating Expense: | $13,550 |
| Net Operating Income: | $69,730 |
| Expense Ratio: | 16.3 % |
Utility Information
| Water: | City |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 17 |
| Average Rent for Park-owned Homes: | $370 |
