Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Listing ID: 1442591
  • Posted On: May 20, 2021
  • Updated On: Nov 24, 2021

Description

INVESTORS Dream. Mobile home park with eleven units and spots for seven more RVs. This property includes a two story, three
bedroom, three bathroom home, perfect for landlord, offices, groundskeeper or maintenance staff. Home also has a pool. Four storage sheds and a barn for mowers, tools, and grounds-keeping supplies. See list of exclusions for items that do not convey. Updates also listed in associated docs. Well maintained and well kept grounds and business. Contact Listing agent to schedule a showing. Great income opportunity!! (2 mobile homes are duplexes - 4 incomes)

Location

Just West of Tyler near Tyler Pounds/ Field Airport

Amenities

  • Pool
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Park Information

Community Type: All Age
Number of MH Lots: 11
Total Occupancy: 100.0 %
Year Built: 1965
Average MH Lot Rent: $700
Size: 5 acre(s)

Financial Information (Actual)

Gross Income: $85,443
Operating Expense: $24,081
Net Operating Income: $61,362
Expense Ratio: 28.2 %

RV Information

Number of RV Lots: 3
Average RV Lot Rent: $700

Utility Information

Water: City
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 1
Average Rent for Park-owned Homes: $0

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