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Mobile Home Park Details

  • Purchase Method: Cash, Seller Financing, New Loan, Assumable Loan
  • Listing ID: 13208
  • Posted On: Jun 2, 2010
  • Updated On: Apr 4, 2012

Description

Parker County- Springtown-Reno School District. Close to Churches & Fire Department- Half way between Azle & Springtown Family community 17 areas with Hwy 199 frontage -lots shade trees Paved and gravel roads 30 rental units with septics (almost all units have been upgraded to vinyl siding) Large 28X80 Doublewide for new owner or management personnel All units have central heat & air 3 commercial 1500 gal aerobic systems All propane tanks are owned 5 Mobile Home Rental Lots 33 Security lights through out park 15 RV spaces with full hook-ups (2 rental RV�S with attached porches we own) Rental building 20X20-office rental or small business Private Water Well System (well would have to upgraded if expanding) Taxes Approx. $9000.00 yr Utilities run about $900-$1200 month Income is approximately $18,000.00-$22,000.00 month. Operating expense approx $6,000-$8,000 month. Occupancy rate 94%-100%. Golf Cart with sprayer and wagon Toro Commercial riding lawn mower Office equipment and security system 1995 Dodge van with misc hand tools, staple gun, compressor, and screw gun Misc hand tools –Rakes, shovels, picks-tree trimmer- Septic cleaner Vacuums-Shampooer with supplies All electrical supplies All plumbing supplies (including septic and well supplies) Sheetrock panels-Doors-Door Knobs- House filters-Smoke alarms-Trim-Paint- Misc nails-screws All misc. Vinyl siding -Vinyl skirting Misc. appliances Public water (Walnut Creek Water Company) is available to the park Park revenue can be doubled or tripled if a septic treatment plant is installed Had engineer look at park for expansion on treatment plant but I have no price Maintenance personnel can stay with sale. He lives in park and on call 24 hrs. Owner will finance with 30% down

Email Mary Wiggins for any additional questions!

Location

20 miles w of Fort Worth Tx -half way between Azle & Springtown Tx

Amenities

  • Storage
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Park Information

Community Type: All Age
Number of MH Lots: 35
Total Occupancy: 94.0 %
Average MH Lot Rent: $325
Size: 17 acre(s)

Financial Information (Actual)

Net Operating Income: $88,000

Lot Information

Singlewide Lots: 27
Doublewide Lots: 3

RV Information

Number of RV Lots: 15
Average RV Lot Rent: $200

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 30
Average Rent for Park-owned Homes: $600

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