Photo of Manufactured Home Community
Photo of Manufactured Home Community
Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan
- Listing ID: 924257
- Posted On: May 2, 2018
- Updated On: Oct 3, 2018
Description
Mobile home park with 16 mobile home lots, each renting at $250/month. 12 are currently rented. Close to public lake access. Potentially gross over $4000/month. Connected to public sewer. Well water. Seller financing considered, with significant downpayment, potential premium in price.
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 16 |
| Total Occupancy: | 75.0 % |
| Average MH Lot Rent: | $250 |
| Size: | 4 acre(s) |
Financial Information
| Gross Income: | $46 |
| Operating Expense: | $15 |
| Net Operating Income: | $30 |
| Expense Ratio: | 32.6 % |
Lot Information
| Singlewide Lots: | 16 |
| Doublewide Lots: | 0 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
Utility Information
| Water: | Well |
| Water Paid By: | Tenant - Submetered |
| Sewer: | City |