Photo of Mobile Home Park
Mobile Home Park Details
- Cap Rate: 12.2% (Actual)
- Listing ID: 781427
- Posted On: Jan 30, 2017
- Updated On: Nov 1, 2021
Description
The community has a highly visible location, excellent demand and a high percentage of mobiles included in the sale. Property has water sub-metered and billed by the local water district. On-site DNR approved package sewer plant. Includes three apartments and 6 storage units.
Amenities
- Storage
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 59 |
| Total Occupancy: | 96.0 % |
Financial Information (Actual)
| Gross Income: | $380,508 |
| Operating Expense: | $63,592 |
| Net Operating Income: | $316,915 |
| Expense Ratio: | 16.7 % |
Lot Information
| Singlewide Lots: | 59 |
| Doublewide Lots: | 0 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
RV Information
| Number of RV Lots: | 0 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | Treatment Plant |