NCE National Council of Exchangors
Package Detail
<< Back
National Council of Exchangors

Entrance

GoogleMap

Entrance

CONTROL: Exclusive VALUE: $450,000
    LOAN: $330,000
    EQUITY: $120,000
TITLE: MOBILE HOME PARK IN ROCKY FORD COLORADO
TYPE OF PROPERTY: Mobile Home/RV
HAVE: 16 Space Mobile Home Park in the heart of Rocky Ford. 15 homes are owned by the park in various conditions.
WEBSITE ADDRESS: https://ppmls.mlsmatrix.com/matrix/shared/HhzG8B7kXs/1401ChestnutAvenue
PARCEL#: 4443-181-0600    
CITY, STATE: Rocky Ford, US COUNTY: CO
BENEFITS TO NEW OWNER: Great value add, existing income, management in place.
GROSS SCHEDULED INCOME: $130,000    Actual
VACANCY LOSS: $40,000
GROSS EFFECTIVE INCOME: $90,000
EXPENSES: $15,228
NOI: $74,772
DEBT SERVICE: $32,400
CASH FLOW: $42,372
CAP RATE: 16.62%
ENCUMBRANCES: BALANCE: PAYMENT: RATE: DUE: ASSUMABLE:
LOAN 1:      
LOAN 2:      
BENEFITS SOUGHT: Wants out of ownership.
CAN ADD: Geographical flexibility. Will look at anything for his equity.
REMARKS:
COUNSELOR: Blake Allen, EMS, CCIM
Allen Realty
108 Canon Ave
Manitou Springs, CO 80829
Phone: (719) 685-0707
Cell: (719) 684-4123
Fax: (719) 685-0400
blakeallenrealty@gmail.com
 
View without Photos Print with Photos Print without Photos