Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 10.0% (Actual)
- Listing ID: 784402
- Posted On: Feb 10, 2017
- Updated On: Jun 27, 2017
Description
11 lot park with 4 lots rented. Opportunity to grow out rents by filling out the park.
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 11 |
| Total Occupancy: | 37.0 % |
| Average MH Lot Rent: | $145 |
Financial Information (Actual)
| Gross Income: | $6,960 |
| Operating Expense: | $2,945 |
| Net Operating Income: | $4,015 |
| Expense Ratio: | 42.3 % |
Lot Information
| Singlewide Lots: | 11 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |