DISCOUNTED OFF MARKET TURNKEY READY MOBILE HOME PARKS

25 Unit Mobile Home Park
Monticello, AR 71665
$221,000
By Assignment Only
Contact Jennifer for more information, pictures or to make an offer at 850.684.4414
" Investment Benefits
Net Operating Income $26,400
24% Cash On Cash Return
5 Year ROI- 40%
Turn Key Ready
Large Equity
Room to Increase Rents
Building Class: C
Location Class: C

25 Units(Lots)
Rented 20
Vacant 5
80% Occupancy
Cap Rate
Market 9%
Pro Forma 11.9%

Annual Income: $48,000
Expenses and Vacancies:-$21,600
Net Operating Income: $26,400