Mobile Home Park Details

  • Cap Rate: 11.0%
  • Listing ID: 13114
  • Posted On: Jun 2, 2010
  • Updated On: Oct 12, 2010

Description

Great Investment property, has 59hook ups, very close to main st. South edge of town, home of SDSU Division one University, over 10k students, near bike path, softball fields; College students looking for rentals 24/7; they would easily fill all the homes; if the owner was willing to fill up the spots and rent out.

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Park Information

Number of MH Lots: 59
Total Occupancy: 66.0 %
Average MH Lot Rent: $120

Park-Owned Homes

Number of Park-owned Homes: 6
Average Rent for Park-owned Homes: $375