Mobile Home Park Details
- Cap Rate: 13.0%
- Listing ID: 12956
- Posted On: Jun 2, 2010
- Updated On: Oct 12, 2010
Description
no banks needed - seller will consider holding the mortgage with 25% down
13 sites on 2.5 acres - Chenango County
well with newer chlorinator, pump and tank ----- septics
lot rents are $240 to $275/month - currently 2 lots are vacant - gross rents at 1/1/10 are about $2,885/mo
expenses are about $12,000/yr ----- net income is about $22,750 ----- 13% cap rate
no park owned homes convey - no notes convey - no equipment included
contact Pax Realty LLC at 585-489-6903
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
Number of MH Lots: | 13 |
Total Occupancy: | 84.0 % |
Financial Information
Net Operating Income: | $22,750 |
Utility Information
Water: | Well |
Sewer: | Septic |