Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 10.8%
- Listing ID: 847146
- Posted On: Aug 19, 2017
- Updated On: Jan 30, 2019
Description
Very nice park with many vinyl/shingle doublewides. City water/sewer and sub metered. For financial information please visit our website at www.birchrealty.com. Feel free to contact us at 727-914-8700 or stan1@birchrealty.com
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 43 |
| Total Occupancy: | 82.0 % |
| Average MH Lot Rent: | $225 |
Financial Information (Actual)
| Gross Income: | $141,000 |
| Operating Expense: | $43,500 |
| Net Operating Income: | $97,500 |
| Expense Ratio: | 30.9 % |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | City |