Mobile Home Park Details

  • Purchase Method: Cash
  • Listing ID: 4237150
  • Posted On: Jan 4, 2024
  • Updated On: Apr 9, 2024

Description

INVESTMENT PROPERTY, MOBILE HOME OR RV PARK FOR SALE. We have a 10 spot mobile home park for sale, 9 park owned homes (one needs to be removed) and one vacant lot with utilities hooked up. Tenants pay utilities except for the park model, there are 2 homes on one meter and we pay water right now. Right down the road from Lake Palestine , between Hwy 155 and Hwy 31. Has been an income for us since 2005 but due to distance and health issues its time to sell! We were leasing at rents about the same as when we purchased and built up in 2005. Were going to raise rents alot this year. Past income is not reflective of future income. Serious inquiries only,

Location

FM 315 S., between Hwy 155 and Hwy 31 just down the road from Lake Palestine.

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Park Information

Number of MH Lots: 10
Year Built: 2004
Size: 2 acre(s)

Utility Information

Water: City
Water Paid By: Tenant - Individual Service