Contact Information

Mobile Home Park Details

  • Price: $625,000
  • Purchase Method: Cash, New Loan
  • Cap Rate: 9.0%
  • Property ID: 1038986
  • Posted On: Mar 6, 2019
  • Updated On: Nov 3, 2019

Property Description


2-3 Star Park in City of Dallas

17 Lot Mobile Home Park + 2 Apartments

Clean Phase I Report in Hand

2 Brick buildings ('apartments') are rented as residences at $550/month

City Water/Sewer is privately submetered and billed back to residents

Water lines were completely replaced in 2017 with PVC

See Video Drive Through:

~$55k NOI on Actuals 2018
~$60k NOI 2019 Annualized

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

Park Information

Community Type: All Age
Number of MH Lots: 19
Total Occupancy: 100.0 %
Average MH Lot Rent: $350
Size: 2.0 acre(s)

Financial Information (Actual)

Net Operating Income $57,000
Debt Info

Lot Information

Singlewide Lots: 17
Doublewide Lots: 2

Utility Information

Water: City
Water Paid By: Tenant - Submetered
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 0


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