Interior Photo
Interior Photo
Exterior
Swingset
Interior
Interior
Kitchen
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Exterior
Mobile Home Park Details
- Purchase Method: New Loan
- Cap Rate: 7.8% (Actual)
- Listing ID: 811728
- Posted On: May 10, 2017
- Updated On: May 15, 2018
Description
7.8% CAP rate! Rare opportunity to own 20 fully furnished units owned by the park with 10 additional spaces available for feature use. All cottages are park owned allowing for many different cash flowing strategies.
Amenities
- Pool
- Club House
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 30 |
| Total Occupancy: | 100.0 % |
| Average MH Lot Rent: | $1,000 |
| Size: | 3 acre(s) |
Financial Information (Actual)
| Gross Income: | $150,008 |
| Operating Expense: | $62,126 |
| Net Operating Income: | $87,882 |
| Expense Ratio: | 41.4 % |
RV Information
| Number of RV Lots: | 10 |
Park-Owned Homes
| Number of Park-owned Homes: | 20 |
| Average Rent for Park-owned Homes: | $1,000 |