Listed by Cook Commercial Properties
$1,095,000
Mobile Home Park
Details
Property Type Multifamily
Sub Type RV Park
Units 24
Cap Rate 12.00%
NOI $189,000
Class B
Year Built 1999
Buildings 25
Stories 1
Acreage 4.240
Occupancy Date 05/25/2022
Sale Condition For sale by owner
Year Models and Size of Homes are available upon request
Marketing description
25 Unit Mobile Home Park consisting of 20-Park Owned Mobile Homes, 4-Cottages, 1-House (1500 SF +/-). Onsight manager who takes care of the grounds and most any maintenance issues. Upside in Rents. Owner increased rents June 2023 with future Gross Annual Revenue of $189,000.00. Owner is downsizing and ready to retire. Room to add several more Units. Please watch video below for more details
Listing Contacts
Listed by Cook Commercial Properties
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$189,000.00
$15,750.00/mo
Valuation Metrics
0
DSCR
17.26%
Cap Rate
17.26%
ROI
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