The requested property is removed. Here are active Mobile Home Parks for Sale in Olpe, Kansas
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park

Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 12.7% (Actual)
  • Listing ID: 829476
  • Posted On: Jul 5, 2017
  • Updated On: Jan 30, 2018

Description

Park is located a half hour from Louisville, KY. Park has had stable occupancy for the Seller, when a home is available it sells or rents. For financial information please visit our website at www.birchrealty.com. Feel free to contact us at 248-740-9490 or stan1@birchrealty.com

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Park Information

Community Type: All Age
Number of MH Lots: 36
Total Occupancy: 80.0 %
Average MH Lot Rent: $220
Size: 5 acre(s)

Financial Information (Actual)

Gross Income: $129,716
Operating Expense: $50,589
Net Operating Income: $79,127
Expense Ratio: 39.0 %

RV Information

Number of RV Lots: 0

Utility Information

Water: City
Water Paid By: Park
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 23
Average Rent for Park-owned Homes: $450