Mobile Home Park Details

  • Listing ID: 12663
  • Posted On: Jun 2, 2010
  • Updated On: Oct 12, 2010

Description

There are 99 lots, and right now 18 are vacant, so there should be 81 park owned mobiles on the other lots. The Park is in a redevelopment area, so the current park functioning is a bonus until the redevelopment goes forward. The park currently occupies about 4.5 acres in downtown Orlando, close the new arena and Citrus Bowl.

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Park Information

Number of MH Lots: 99
Total Occupancy: 81.0 %

Financial Information

Gross Income: $649,500
Operating Expense: $130,400
Net Operating Income: $519,100
Expense Ratio: 20.1 %