Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park

Mobile Home Park Details

  • Purchase Method: Cash
  • Cap Rate: 12.0%
  • Listing ID: 796112
  • Posted On: Mar 24, 2017
  • Updated On: Mar 21, 2022

Description

12% cap rate has 25 park owned rental mhs only
plus 21 vacant lots......& makes a 12% cap rate
plenty of opportunity to increase income with 21 vacant lots

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: All Age
Number of MH Lots: 46
Total Occupancy: 55.0 %
Size: 9 acre(s)

Financial Information (Actual)

Gross Income: $122
Operating Expense: $38
Net Operating Income: $83
Expense Ratio: 31.1 %

Lot Information

Doublewide Lots: 46

Utility Information

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

Park-Owned Homes

Number of Park-owned Homes: 25
Average Rent for Park-owned Homes: $470

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