Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 8.6%
- Listing ID: 852214
- Posted On: Aug 31, 2017
- Updated On: Jun 25, 2018
Description
This park has a good number of vinyl/shingled homes, park shows very clean. Great price per site. Upside in filling lots, Seller does receive calls but has nothing available and has not attempted to bring many homes into the park. Located 40 minutes outside of Kansas City metro. For financial information please visit our website at www.birchrealty.com, this will be listing #903. Feel free to contact us at 727-914-8729 or stan1@birchrealty.com.
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 136 |
| Total Occupancy: | 28.0 % |
| Average MH Lot Rent: | $309 |
Financial Information (Actual)
| Gross Income: | $152,298 |
| Operating Expense: | $83,764 |
| Net Operating Income: | $68,534 |
| Expense Ratio: | 55.0 % |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | Septic |