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Andy Powell

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Regal Mobile Home Park

Mobile Home Park for Sale in Dover, Florida

Sale Price: $485,000

Contact Information

Andy Powell

Mobile Home Park for Sale

Number of MH Lots: 13
Size: 3 acre(s)
Cap Rate: 12.0%
Purchase Method: Cash, New Loan
Status: Active
Property ID: 831518
Posted on: Jul 11, 2017
Updated on: Jan 08, 2018
Price: $485,000

Property Description

PRICE REDUCTION. 13 rental units, all park owned on 3 acres in nice residential neighborhood. Close to major shopping and good schools. Quiet family park.

Park Information

Number of MH Lots:13
Total Occupancy:100.0%
Average MH Lot Rent: $620
Size:3.0 acre(s)

Financial Information (Actual)

Gross Income$89
Operating Expense$28
Net Operating Income$60
Expense Ratio 31.5%
Debt Info

Lot Information

Singlewide Lots:13

Utility Information

Water Paid By: Park

Park-Owned Homes

Number of Park-owned Homes:13
Average Rent for Park-owned Homes: $620

Amenities and Other

Storage: Yes