CONTRACT ASSIGNMENT! 13% CAP in Clinton, Michigan!
This Park consists of 27 lots; 3 vacant lots; 9 park own rentals (8
occupied @ $480 - $520 mo)
Lot rent $280 mo;
Gross Income $98,400
Expenses:
Prop Taxes $4950;
Garbage $2640;
Ins $3600;
Telephone $1200;
Legal $2000;
Maint/Supplies $15,000 (Owner does most)
Total expenses $30,890
NOI $67,510
Purchase Price: $519,000.00
Contact info@wemindji-properties.com for more details!
Thanks!