County Estates - for Sale in Kingsville, Texas

2336 Fm1717
Kingsville, TX 78363
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Sale Price: $940,000
Photo of Mobile Home Trailer Parks
Photo of Mobile Home Trailer Parks

Mobile Home Park for Sale

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 Info500,000 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