Mobile Home Park Details
- Cap Rate: 10.0%
- Listing ID: 13145
- Posted On: Jun 2, 2010
- Updated On: Oct 19, 2010
Description
Infrastructure Bid (Chasco): $539,000
On site sewer provided by City of Manor CCN Territory
On site underground electric provided by Bluebonnet Utilities
On site water service provided by Manville
*48 Single-wide New Mobile Homes:
$1,440,000
Delivered and Set by Clayton Homes
Landscaping and Miscellaneous: $300,000
TOTAL COST: $2,279,000
Monthly Rent per unit: $400
Monthly Mtg payment per unit: $450
Monthly Total income per unit: $850
Monthly Total income on 48 units: $40,800
Annual Total income on 48 units: $489,600
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Park Information
| Number of MH Lots: | 54 |
| Average MH Lot Rent: | $450 |
Financial Information
| Gross Income: | $489,600 |
Lot Information
| Singlewide Lots: | 48 |
| Doublewide Lots: | 4 |
Park-Owned Homes
| Number of Park-owned Homes: | 54 |
| Average Rent for Park-owned Homes: | $400 |