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: 1038019
  • Posted On: Feb 28, 2019
  • Updated On: Jul 8, 2019

Description

Gorgeous RV & Mobile home park located on Lake Livingston. The property consist of 6.042 acres of heavily wooded acres with 827 feet of waterfront. The property has good road access off of major FM highway. Improvements include a boat ramp for residents and their guest, a large storage building, and 11 owned trailers. There are 24 existing pad sites for lease or available for lease as follows: 2 Three Bedroom Trailers (one leased at $700 P/M and the other one is lived in by the property owner, but could be leased for $750 to $800 P/M); 5 Two Bedroom Trailers leased at $400 to $550 p/m; 4 1 Bedroom Trailers leased at $450 p/m; 3 leased pad sites leased at $350 to $425; and 10 vacant sites available for lease (owner has not actively marketed these vacant sites) which are available for daily or monthly rental. There are 6 septic systems on the prop Reference: 82381

Year established: Established in 1993 and acquired by the present owner in April 2003.
Reason selling: Retirement and moving out of the area.
Finance
Sales: $56,000
Profits: $20,000
Profit type: Free Cash Flow
Operations
Employees: Owner Operated
Equipment: See list in file
Premises
Facility: Property consists of 6.042 acres with 11 owned mobile homes and 24 leased pad sites.
Location: Lake Livingston
Price and terms
Price: $526,000
Down payment: $80,000
Financing: $ 80,000 Cash Down $446,000 New SBA Loan (15 Years @ 7% interest = $4,008.77 P/M)
Training: As needed

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Utility Information

Water: City
Sewer: Septic