Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 820653
- Posted On: Jun 7, 2017
- Updated On: Sep 5, 2017
Description
Located next to an elementary school. quiet area. good tenants. 10 mobile homes and a house with a 4 car garage. 8 of the units are rented. 3 units just need some repairs and they will rent. 8 water taps.
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 11 |
| Average MH Lot Rent: | $500 |
Financial Information
| Gross Income: | $49,500 |
| Operating Expense: | $9,674 |
| Net Operating Income: | $39,826 |
| Expense Ratio: | 19.5 % |
Park-Owned Homes
| Number of Park-owned Homes: | 11 |
| Average Rent for Park-owned Homes: | $500 |