Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Land: This is land for developing a mobile home park
- Cap Rate: 10.0% (Actual)
- Listing ID: 882412
- Posted On: Nov 29, 2017
- Updated On: Nov 3, 2018
Description
24 Unit Mobile Home Park with 6 unit apartment building.
mixed park owned and owner occupied.
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 24 |
| Total Occupancy: | 70.0 % |
| Average MH Lot Rent: | $375 |
| Size: | 4 acre(s) |
Financial Information (Actual)
| Gross Income: | $94 |
| Operating Expense: | $27 |
| Net Operating Income: | $67 |
| Expense Ratio: | 28.7 % |
Lot Information
| Singlewide Lots: | 24 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 12 |
| Average Rent for Park-owned Homes: | $475 |