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, New Loan
- Listing ID: 820967
- Posted On: Jun 9, 2017
- Updated On: Aug 25, 2017
Description
Great starter park.
Originally developed as 50 spaces. With reconfiguration will hold 30 homes.
This property has direct billed utilities for easy management.
Currently 18 occupied lots
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: | 60.0 % |
| Year Built: | 1950 |
| Average MH Lot Rent: | $155 |
| Size: | 4 acre(s) |
Financial Information
| Gross Income: | $35,000 |
| Operating Expense: | $10,000 |
| Net Operating Income: | $25,000 |
| Expense Ratio: | 28.6 % |
Lot Information
| Singlewide Lots: | 30 |
| Doublewide Lots: | 0 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 3 |
| Average Rent for Park-owned Homes: | $450 |