10-Space Mobile Home Park - for Sale in Chandler, Texas

315 Farm To Market 315
Chandler, TX
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Sale Price: $319,000

Seller Information

Shane Reynolds

Mobile Home Park for Sale

Number of MH Lots: 10
Status: Active
Property ID: 13154
Posted on: Jun 02, 2010
Updated on: May 06, 2012
Price: $319,000

Property Description

10 space mobile home park with 8 park owned homes on 2 + acres. 2 spaces are vacant with septic. Located on main FM road approx. 1 block away from Lake Palestine. 7 homes are mid to upper 90 models. 1 is 80's model. FM 315 runs between Hwy 31 and Hwy 155 ( coffee city area). Usually full and vacancies are filled within a few days. Brings in approx $4,375 mth ($52,500 yr) with the opportunity for more income with 2 vacant spaces (septic already in place). All tenants pay their own utilities. Easy commute to Tyler, Texas.

Being sold by owner, one owner is licensed TX agent. "Will consider reasonable, fair CASH offers."

Past income is not representative of future income.

Call for info: Shane Reynolds. (903) 763-2553

Licensed Texas Agent

Park Information

Number of MH Lots:10

Financial Information

Gross Income$52,500
Debt Info

Utility Information

Water Paid By: Tenant - Individual Service

Park-Owned Homes

Number of Park-owned Homes:8
Average Rent for Park-owned Homes: $550