Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park

Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 9.3%
  • Listing ID: 876064
  • Posted On: Nov 6, 2017
  • Updated On: May 11, 2018

Description

56 spaces, 43 units in place. 42 units are rent ready 1 need rehab, 13 spaces ready for units, Most Infrastructure in place for remaining units. All units are Park owned. . Average rent is $550.City water individually metered, Newer Septic system, 97% occupancy rate. 1 Storage unit for equipment, 1 Shop/office, 1 Steel Container to store Materials, Golf Cart, All Hand tools and lawn equipment included, Also a 2011 Ford Ranger.
Management in place, willing to stay on with new owner.
MONTHLY EXPENSES:
Management $1300.
Maint Person $1400.
Electric $200.
Septic $500
Trash $600.
Prop. Taxes $1,200.
Insurance $400.
Material. $1,000.
TOTAL $6,600.00
Best deal on the Market! Call 727 389 3082

Amenities

  • Storage
Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: All Age
Number of MH Lots: 56
Total Occupancy: 97.0 %
Year Built: 1982
Average MH Lot Rent: $550
Size: 6 acre(s)

Financial Information (Actual)

Gross Income: $238,800
Operating Expense: $84,000
Net Operating Income: $154,000
Expense Ratio: 35.2 %

Lot Information

Singlewide Lots: 56

RV Information

Number of RV Lots: 0

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: Septic

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