Starwood At Imperial Valley


Mobile Home Park Location

22000 Block Of Imperial Valley Drive
Houston, TX 77073

Contact

Mike Nissley
CB Richard Ellis
404.504.5970
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Photos

Summary

Mobile Home Park for Sale
Sale Price: $5,500,000
Cap Rate: 9.2%
Number of MH Lots: 111
Size: 65 acre(s)
Status : Active
Property ID : 13831
Posted on : Jun 21, 2010
Updated on : Aug 24, 2010

Property Description

As exclusive agent for the owner, CB Richard Ellis is pleased to present the opportunity to purchase Starwood at Imperial Valley located in Houston, TX.
The offering includes fee simple interest in a 111 space manufactured housing park sited on almost 20 +/- acres of land, 60 park owned manufactured homes and approximately 45+/- acres of excess land.


Park Information

Number of MH Lots:111
Total Occupancy:91.0%
Year Built:2001
Average MH Lot Rent: $290
Size:65.0 acre(s)

Utility Information

Water:City
Sewer:City

Park-owned Homes

Number of Park-owned Homes:60
Average Rent for Park-owned Homes: $775

Amenities and Other

Pool: Yes
Club House: Yes
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