Mobile Home Park Details

• Purchase Method: Cash, New Loan
• Cap Rate: 10.0%
• Listing ID: 132872
• Posted On: Apr 11, 2013
• Updated On: Oct 16, 2013

Location

Cavalier Mobile Home Community is located conveniently off the loop in Texarkana on a main 4 lane highway with a significant amount of daily traffic passing by our community. The park is set back from the highway with a white vinyl fencing, trees, and a country estates type appearance.

-Population increase of 8% over the last ten years.
-Unemployment rate is 1.5% below national average - very positive.
-Future job growth of 31.26% - very positive.
-There are 5 major hospitals in or near Texarkana.
-10 Univesities/Colleges including Texas A&M University in or near Texarkana.
-Located in top school district.