Listed by Rochester Commercial R.E.Co
$1,200,000
Pleasant Valley Moblle Home Park
Details
APN 054289 211.00-1-2.22
Property Type Mobile Home Park
Units 35
Cap Rate 14.29%
NOI $171,438
Occupancy 82%
Pro-Forma Cap Rate 18.21%
Pro-Forma NOI $218,480
Acreage 30.000
Investment Type Value Add
Mobile Home Park | 35 Pads | $34,286/pad
Marketing description
For Sale
Investment highlights
There are 6 vacant homes that could be rented for $700 or more. Four of the homes were just brought in and 2 need to be setup. the other four homes are older and 2 of them need to be replaced. there is about $50,400 of additional income per year that could be made with some effort. There 30 acres and room for expansion of the Mobile Park.
Listing Contacts
Listed by Rochester Commercial R.E.Co
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$171,438.00
$14,286.50/mo
Valuation Metrics
0
DSCR
14.29%
Cap Rate
14.29%
ROI
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