Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 8.3% (Actual)
- Listing ID: 873167
- Posted On: Oct 26, 2017
- Updated On: Mar 28, 2018
Description
Great location, located close new retail and higher end residential properties. Very clean park with many long term senior tenants. Good number of vinyl/shingle homes. In the Cincinnati metro. For financial information please visit our website at www.birchrealty.com, this will be listing #209 on our site. Feel free to contact us at stan1@birchrealty.com or 727-914-8729
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 50 |
| Total Occupancy: | 90.0 % |
| Average MH Lot Rent: | $280 |
| Size: | 10 acre(s) |
Financial Information (Actual)
| Gross Income: | $157,560 |
| Operating Expense: | $51,995 |
| Net Operating Income: | $105,565 |
| Expense Ratio: | 33.0 % |
RV Information
| Number of RV Lots: | 0 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | City |