Mobile Home Park Details

  • Purchase Method: Cash
  • Cap Rate: 11.0%
  • Listing ID: 509137
  • Posted On: Feb 18, 2015
  • Updated On: Aug 23, 2016

Description

Ten mobile home spaces, 5 RV spaces and twenty storage units located in Goldthwaite, Texas. The septic tanks and sewer lines were put in new in 2013, the electric lines and breakers for the RV were installed new in 2012.

Amenities

  • Storage
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Financial Information (Pro Forma)

Gross Income: $23,340
Operating Expense: $7,546
Net Operating Income: $15,794
Expense Ratio: 32.3 %
Debt Info: N/A

Lot Information

Singlewide Lots: 5
Doublewide Lots: 5

RV Information

Number of RV Lots: 5
Average RV Lot Rent: $240

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic