Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash
- Cap Rate: 6.0% (Actual)
- Listing ID: 781620
- Posted On: Jan 31, 2017
- Updated On: Feb 6, 2018
Description
Turn key MHP with lot up potential for increase
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 72 |
| Total Occupancy: | 47.0 % |
| Average MH Lot Rent: | $225 |
Financial Information (Actual)
| Gross Income: | $85 |
| Operating Expense: | $37 |
| Net Operating Income: | $48 |
| Expense Ratio: | 43.5 % |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | City |