Mobile Home Park Details
- Listing ID: 13013
- Posted On: Jun 2, 2010
- Updated On: Oct 12, 2010
Description
Tenant Owned Homes
PROPERTY HIGHLIGHTS
Minimal On-Site Management Responsibilities
Tenants Pay Direct on Separately Metered Utilities
Long-Term Tenants with Historically Low Turn-Over Rate
High, Stable Income and Occupancy
Densely Populated Western Ohio Area
Excellent Position Alongside Main Tiffin Roadway - SR 53
10.63% CAP - High Expected 16.92% Year-1 Cash-on-Cash
Return
Yearly Rental Increases Expected by Tenants
Each Space has Separate Driveways, Sidewalks Throughout
the Community
All Spaces have Homes, 2 Vacant Homes Recently Installed
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
Number of MH Lots: | 33 |
Total Occupancy: | 94.0 % |
Financial Information
Net Operating Income: | $66,411 |