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Address is Northwest Somewhere in Ohio

Stan Davis

Birch Realty

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51-Space Mobile Home Park

Manufactured Home Community for Sale in Ohio

Northwest
Somewhere in Ohio
Sale Price: $1,270,000

Contact Information

Stan Davis
Birch Realty

Mobile Home Park for Sale

Number of MH Lots: 51
Size: 17 acre(s)
Cap Rate: 8.2%
Purchase Method: Cash, New Loan
Status: Active
Property ID: 833094
Posted on: Jul 17, 2017
Updated on: Aug 03, 2017
Price: $1,270,000

Property Description

Many vinyl/shingle homes, good lots sizes, and all tenant owned homes. Owner has installed new mailboxes, new road work. Also a new building, pumps and concrete to sewer. Updated landscaping and fencing. For financial information please visit our website at www.birchrealty.com this will be listing #218 on our site. Feel free to contact us at 727-914-8729 or stan1@birchrealty.com.

Park Information

Number of MH Lots:51
Total Occupancy:85.0%
Year Built:1970
Average MH Lot Rent: $360
Size:17.0 acre(s)

Financial Information (Actual)

Gross Income$188,252
Operating Expense$75,301
Net Operating Income$112,951
Expense Ratio 40.0%
Debt Info

Utility Information

Water:City
Water Paid By: Park
Sewer:Treatment Plant

Park-Owned Homes

Number of Park-owned Homes:0