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
- Cap Rate: 12.0%
- Listing ID: 983280
- Posted On: Aug 25, 2018
- Updated On: Jan 14, 2019
Description
Very nice 28 site well and septic park with room to expand.
Septics are all conventional since its pure sand and last
5 POH worth Approx $50,000 included in price
Blacktop streets in excellent condition
THIS PARK IS WITHIN 5 MILES OF ST CHARLES NEKOOSA and APPROX 20 MILES from ST JAMES ASPEN DRIVE
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Park Information
| Community Type: | 55 And Over |
| Number of MH Lots: | 28 |
| Total Occupancy: | 85.0 % |
| Year Built: | 1990 |
| Average MH Lot Rent: | $290 |
| Size: | 10 acre(s) |
Financial Information (Actual)
| Gross Income: | $100,892 |
| Operating Expense: | $26,724 |
| Net Operating Income: | $74,168 |
| Expense Ratio: | 26.5 % |
Lot Information
| Singlewide Lots: | 28 |
Utility Information
| Water: | Well |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 5 |
| Average Rent for Park-owned Homes: | $487 |
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