County Estates - for Sale in Kingsville, Texas
2336 Fm1717
Kingsville, TX 78363
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Mobile Home Park for Sale |
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| Number of MH Lots: | 47 |
| Size: | 10 acre(s) |
| Cap Rate: | 12.0% |
| Purchase Method: | Seller Financing, New Loan, Assumable Loan |
| Status: | Active |
| Property ID: | 19672 |
| Posted on: | Feb 16, 2011 |
| Updated on: | Oct 10, 2011 |
| Price: | $940,000 |
Property Description
POSSIBLE SELLER FINANCING!! 96 spaces half RV half mobile. Only about 20 mobile spaces filled. Owner was thinking of removing Mobile and going to 100% RV but didn't get to that.
It is one of three RV parks in Town and because of it's country setting instead of in the heart of Kingsville it gets most of the RV traffic. The park is right hwy 77 south and good bill boards going both ways. Very Very simple park to manage, onsite manager only works 3 hours a day. The pool was rebuilt in 08, laundry room and club house in one building.
paved roads and city water.
Call me with questions or email for the numbers.
Location Description
Kingsville TX south of Corpus Christi about 35 miles on hwy 77. Home of Texas A and M kingsville and the King Ranch.
Park Information
| Number of MH Lots: | 47 |
| Total Occupancy: | 80.0% |
| Year Built: | 1973 |
| Average MH Lot Rent: | $250 |
| Size: | 10.0 acre(s) |
Financial Information (Actual)
| Gross Income | $180 |
| Operating Expense | $72 |
| Net Operating Income | $108 |
| Expense Ratio | 40.0% |
| Debt Info | 500,000 first could be assumable |
Lot Information
| Singlewide Lots: | 17 |
| Doublewide Lots: | 3 |
| Park Model Lots: | 1 |
RV Information
| Number of RV Lots: | 60 |
| Average RV Lot Rent: | $250 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 0 |
Amenities and Other
| Laundromat: | Yes |
| Pool: | Yes |
| Club House: | Yes |
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