Photo of Mobile Home Park
Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash, Seller Financing
- Cap Rate: 11.5%
- Listing ID: 978701
- Posted On: Aug 15, 2018
- Updated On: Oct 6, 2018
Description
Great opportunity to own a high cash flow asset! This four space mobile home park is situated on 6.1 acres in rural Moses Lake directly across the street from the lake. Property has a well and two septic tanks which service the homes. All four homes are park owned and are always rented – perfect for on-site owner! New pavement.
Seller financing with large down payment. SEE ATTACHED FLIER FOR ADDITIONAL INFO.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 4 |
| Total Occupancy: | 100.0 % |
| Size: | 6 acre(s) |
Financial Information
| Gross Income: | $44 |
| Operating Expense: | $10 |
| Net Operating Income: | $34 |
| Expense Ratio: | 22.7 % |
| Debt Info: | 90,000 1st not assumable |
Lot Information
| Singlewide Lots: | 2 |
| Doublewide Lots: | 2 |
Utility Information
| Water: | Well |
| Sewer: | Septic |