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15 UNIT MOBILE HOME PARK Shadow Run Loop, Tallahassee, FL 32305

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Mobile Home Park Details

  • Purchase Method: Cash, Seller Financing, New Loan
  • Listing ID: 723425
  • Posted On: Nov 17, 2016
  • Updated On: Sep 7, 2017

Description

THIS MOBILE HOME PARK IS GREAT CONDITION AS THE OWNERS ONLY JOB IS THIS MOBILE HOME PARK. MOST OF THE TENANTS HAVE BEEN IN THE PARK OVER 5 YEARS. IT IS A QUITE COMMUNITY.

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Park Information

Number of MH Lots: 15
Total Occupancy: 90.0 %
Year Built: 1971
Average MH Lot Rent: $600
Size: 5 acre(s)

Financial Information (Actual)

Gross Income: $79
Operating Expense: $8
Net Operating Income: $71
Expense Ratio: 10.1 %

Lot Information

Singlewide Lots: 15
Doublewide Lots: 0
Triplewide Lots: 0
Park Model Lots: 15

RV Information

Number of RV Lots: 0
Average RV Lot Rent: $0

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 15
Average Rent for Park-owned Homes: $600

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