Warner's Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 9.0%
- Listing ID: 991501
- Posted On: Sep 21, 2018
- Updated On: Oct 18, 2019
Description
34 lots with complete on site water and sewer. Immediate access to highway and entrances on two different roads. Close proximity to town, shopping, fast food, chain restaurants, Wal-Mart and more!
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 34 |
| Total Occupancy: | 75.0 % |
| Year Built: | 1993 |
| Average MH Lot Rent: | $260 |
| Size: | 28 acre(s) |
Financial Information
| Gross Income: | $57,865 |
| Operating Expense: | $23,738 |
| Net Operating Income: | $34,127 |
| Expense Ratio: | 41.0 % |
Lot Information
| Singlewide Lots: | 34 |
