Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 477831
- Posted On: Oct 16, 2014
- Updated On: Jan 31, 2015
Description
TOTAL 38 SITES: (1 space occupied by manager). Annual/semi-annual/monthly leases/rentals. 30% of spaces can be used for RV. City utilities. No additional sites may be developed. Quiet established community. Great visibility. Located in the oil patch of Texas. Great demand for sites.
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Park Information
| Number of MH Lots: | 38 |
| Total Occupancy: | 75.0 % |
| Year Built: | 1959 |
| Size: | 3 acre(s) |
Financial Information (Actual)
| Gross Income: | $99 |
| Operating Expense: | $21 |
| Net Operating Income: | $77 |
| Expense Ratio: | 21.2 % |
| Debt Info: | * based on 18 months |
RV Information
| Number of RV Lots: | 10 |
| Average RV Lot Rent: | $200 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 7 |
| Average Rent for Park-owned Homes: | $400 |