Mobile Home Park Details
- Cap Rate: 11.9%
- Listing ID: 13014
- Posted On: Jun 2, 2010
- Updated On: Oct 12, 2010
Description
Liberty Mobile Home Park Toledo, Ohio 66 Spaces Net Operating Income of $145,198 90% Occupancy, 12.63% Cap on Existing Income Some Seller Financing Available
PROPERTY HIGHLIGHTS
12.63% Cap Rate on Actual Income and High 22.74% Projected Cash-on-Cash Return
Sub-metered gas, electric and water, tenants reimburse for water, sewer and trash
Updated Electricity and Water Lines, Repaved Streets
All Tenant Owned Homes, most have recently been rehabbed
Seller is willing to finance a portion of the purchase price
Densely populated area, walking distance to two Toledo University campuses and only a few miles to downtown Toledo
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
Number of MH Lots: | 66 |
Total Occupancy: | 90.0 % |
Financial Information
Net Operating Income: | $117,695 |