Mobile Home Park Details

  • Purchase Method: Cash
  • Cap Rate: 6.0%
  • Property ID: 781620
  • Posted On: Jan 31, 2017
  • Updated On: Feb 6, 2018

Property 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 %
Debt Info

Utility Information

Water: City
Water Paid By: Tenant - Submetered
Sewer: City