Photo of Manufactured Home Community
Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 11.1% (Actual)
- Listing ID: 72667
- Posted On: Jun 17, 2011
- Updated On: Sep 12, 2012
Description
Rare investment opportunity! Mobile home park in convenient central location near shopping and major roadways including I-80, SR 611and SR 33. Currently 29 lots are occupied with strong rental history. NO park owned units. Potential expansion.
A signed Non-Disclosure Agreement is required to review financial information.
Location
Stroudsburg, PA - Pocono Mountains
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 30 |
| Total Occupancy: | 97.0 % |
| Average MH Lot Rent: | $470 |
| Size: | 22 acre(s) |
Financial Information (Actual)
| Gross Income: | $169,200 |
| Operating Expense: | $44,479 |
| Net Operating Income: | $116,261 |
| Expense Ratio: | 26.3 % |
Lot Information
| Singlewide Lots: | 30 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
