Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park

Mobile Home Park Details

  • Purchase Method: Cash
  • Listing ID: 569424
  • Posted On: Sep 15, 2015
  • Updated On: Mar 18, 2016

Description

-Three Class B, all-age communities in the hottest job market in the country.
- Only MHC portfolio of this size on the market in the Dallas-Fort Worth area.
- 83% physical and 76% economic occupancy.
- 67 park-owned homes and 129 home notes.
- Two communities on public utilities and one with a recently upgraded wastewater treatment plant.

Location

-Dallas ranks first in job growth and third in number of jobs among the 12 largest metro areas.
- Area unemployment rate of 4%.
- Astounding area job growth of 3.9% over the year ending April 2015 compared to 2.2% nationally.
- Home prices in the area reaching record highs without corresponding increases in average income.

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Park Information

Community Type: All Age
Number of MH Lots: 418
Size: 84 acre(s)

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