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Ernie's MHC 7971 County Road 107 94 Unit Mobile Home Park $2,850,000 ($30,319/Unit) 9.54% Cap Rate Proctorville, OH 45669
Investment Highlights
- Public Water & Sewer
- Below Market Rents
- Stabilized Tenant Base
- 70% Of all Units Are Tenant Owned Homes
Financial Summary (Actual - 2024) 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 - 2024) 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
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Walking/Biking Trails
- Public Transportation
- Walk-Up
- Smoke Detector
1 1
Somewhat walkable
30/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 18-106-1600-000 | Improvements Assessment | $5,163 (2025) |
| Land Assessment | $9,685 (2025) | Total Assessment | $14,847 (2025) |
Property Taxes
Parcel Number
18-106-1600-000
Land Assessment
$9,685 (2025)
Improvements Assessment
$5,163 (2025)
Total Assessment
$14,847 (2025)
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Ernie's MHC | 7971 County Road 107
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