This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
315 Big Hanaford Rd
Centralia, WA 98531
Hanaford MHP · Multifamily Property For Sale
·
1,620 SF
PROPERTY FACTS
| No. Units | 15 | Lot Size | 10.00 AC |
| Property Type | Multifamily | Building Size | 1,620 SF |
| Property Subtype | Manufactured Housing/Mobile Home | No. Stories | 1 |
| Building Class | C | Year Built | 1974 |
| Zoning | RDD-20 | ||
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 10.00 AC |
| Building Size | 1,620 SF |
| No. Stories | 1 |
| Year Built | 1974 |
| Zoning | RDD-20 |
ABOUT 315 BIG HANAFORD RD , CENTRALIA, WA 98531
Big Hanaford is a 15 unit park on 10 acres in Centralia Washington. The park sold all of the mobile homes and receives contract payments on 9 of the mobile homes. The contracts of $88,000 are included in the sale of the park. Attached are the financials are below. Thanks, Jim BIG HANAFORD MOBILE HOME PARK PROFORMA STATEMENT MONTH ENDING 12/31/17 INCOME UNITS YEARLY RENTS 15 units @ 7297 mo 87,564 VACANCY 5% 4378 Contracts @ 1371 mo 16,452 TOTAL 99,638 EXPENSES TAXES 2135 MANAGER 2400 INSURANCE 1267 WATER/SEWER GAS/ELECTRIC 2818 GARBAGE 3694 MAINTENANCE/REPAIRS 1057 CABLE TOTAL EXPENSES 13,371 TOTAL NET INCOME 86,267 VALUATION 9 CAP on 99638-16452 = 83186-13371=69815 775722 Contract Balances 88350 Total 864072 MONTHLY NOI 7188 DEBT SERVICE 365,000 2433 POSITIVE CASH FLOW 4755 DEBT COVERAGE RATIO 2.9 LTV 34% Rent Roll 1 600 2 600 3 395 4 500 5 500 6 612 7 395 11 395 12 500 13 400 14 500 15 400 16 500 17 500 18 500 7297 Contract Payments 8%, 7 year amortization 1 187 12000 2 175 11250 4 179 11500 5 168 10800 12 168 10800 14 210 13500 16 90 6000 17 112 7200 18 82 5300 1371 88350
