Margie's R.V. Park | 208 Kendall St
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Margie's R.V. Park 208 Kendall St
52 Unit Mobile Home Park £1,071,293 (£20,602/Unit) 6.76% Net Initial Yield Riverside, WA 98849
EXECUTIVE SUMMARY
2 Parcels -totaling 3.4 acres
Fully operational RV Park
52 RV Lots
NOI of $91,200 (includes a Managers Salary)
Cap Rate of 6.756%
Fully operational RV Park
52 RV Lots
NOI of $91,200 (includes a Managers Salary)
Cap Rate of 6.756%
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | £1,071,293 | Property Subtype | Manufactured Housing/Mobile Home |
| Price Per Unit | £20,602 | Building Class | C |
| Sale Type | Investment | Lot Size | 3.41 AC |
| Net Initial Yield | 6.76% | Building Size | 3,952 SF |
| Sale Condition | Business Value Included | Number of Floors | 1 |
| No. Units | 52 | Year Built | 1990 |
| Property Type | Multifamily |
| Price | £1,071,293 |
| Price Per Unit | £20,602 |
| Sale Type | Investment |
| Net Initial Yield | 6.76% |
| Sale Condition | Business Value Included |
| No. Units | 52 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 3.41 AC |
| Building Size | 3,952 SF |
| Number of Floors | 1 |
| Year Built | 1990 |
SITE AMENITIES
- Courtyard
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | Avg. Rent.Mo | SF |
|---|---|---|---|
| Studios | 52 | - | - |
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Margie's R.V. Park | 208 Kendall St
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