On Flamingo Pond - for Sale in Rockport, Texas
1904 Lone Star Rd
Rockport, TX 78382
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Seller Information
Oceanside PalmsOceanSide Palms LLC
Mobile Home Park for Sale |
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| Number of MH Lots: | 6 |
| Size: | 3 acre(s) |
| Purchase Method: | Seller Financing, Assumable Loan |
| Status: | Active |
| Property ID: | 120863 |
| Posted on: | Feb 20, 2012 |
| Updated on: | May 25, 2012 |
| Price: | $275,000 |
Property Description
This park is very well kept and clean. Homes are well kept, all have central heat and air, all are 2006 and newer
Great small park with 6 newer units..5 park owned and one tenant owned
All tenants are on auto deposit for rents
tenants pay their own utilities/trash and take care and mow their own yards
OWNER PAYS FOR REAL ESTATE TAXES ONLY
This park is located in Coastal Rockport which is a great vacation/retirement area. This small park would make a great nightly or weekend vacation rental area.
2 WELLS / CITY SEWER
DO NOT TALK TO THE TENANTS OR WALK THE PROPERTY WITHOUT PERMISSION
Location Description
RURAL AREA YET TWO MILES FROM THE BEACH/WALMART AND ALL SHOPPING..ROCKPORT IS A GREAT VACATION SPOT
Park Information
| Number of MH Lots: | 6 |
| Year Built: | 2010 |
| Size: | 3.0 acre(s) |
Financial Information (Actual)
| Gross Income | $48 |
| Operating Expense | $2,000 |
| Net Operating Income | $46,000 |
| Expense Ratio | 4166.7% |
| Debt Info |
Lot Information
| Singlewide Lots: | 3 |
| Park Model Lots: | 3 |
RV Information
| Number of RV Lots: | 1 |
| Average RV Lot Rent: | $300 |
Utility Information
| Water: | Well |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 6 |
| Average Rent for Park-owned Homes: | $700 |