Contact Information
Mobile Home Park Details
- Price: $100,000
- Distressed: This property is in default, REO or in foreclosure.
- Purchase Method: Cash, Seller Financing, New Loan, Assumable Loan
- Cap Rate: 7.8% (Pro Forma)
- Listing ID: 858149
- Posted On: Dec 16, 2019
- Updated On: Mar 5, 2020
Description
test test test
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Average MH Lot Rent: | $1,000 |
Financial Information (Pro Forma)
| Gross Income: | $100,000 |
| Operating Expense: | $60,000 |
| Net Operating Income: | $40,000 |
| Expense Ratio: | 60.0 % |
| Debt Info: | Massive, soul crushing debt |
RV Information
| Number of RV Lots: | 5 |
| Average RV Lot Rent: | $444 |
Park-Owned Homes
| Number of Park-owned Homes: | 2 |
| Average Rent for Park-owned Homes: | $5,000 |
