Multi Family Innovations
Listed by Multi Family Innovations
$600,000
Davison MHC
Details
Property Type Mobile Home Park, Multifamily
Sub Type RV Park
Pads 28
Cap Rate 13.5%
NOI $80,985
Occupancy 57%
Broker Co-Op No
Buildings 2
Investment Type Value Add
Mobile Home Park | 13.50% CAP | 28 Pads
Marketing description
26 site mobile home community + 1-2 bedrrom house + 1 bedroom apartment. Strong demand for low income housing in the immediate area. property cash flows with its current occupancy. City water City sewer-Paid by tenants.
$600,000 + 3% Buyer's fee
Listing Contacts
Multi Family Innovations
Listed by Multi Family Innovations
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$80,985.00
$6,748.75/mo
Valuation Metrics
0
DSCR
13.5%
Cap Rate
13.5%
ROI
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