Contact Information

Mobile Home Park Details

  • Price: $2,500,000
  • Purchase Method: Cash, New Loan
  • Land: This is land for developing a mobile home park
  • Cap Rate: 8.1%
  • Property ID: 1113145
  • Posted On: Jul 30, 2019
  • Updated On: Aug 30, 2019

Property Description

Incredible, opportunity to purchase a cash flowing mobile home park.
The community is right in the center of West Tawakoni, just an hour from Dallas, and a 5 minute drive to the lake.
You will step into cash flow, but also have an opportunity to fill the remaining developed pad sites.
In addition, the property is platted for a total of 179 homes.
The upside is huge.

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

Park Information

Community Type: All Age
Number of MH Lots: 31
Year Built: 2017
Average MH Lot Rent: $1,200
Size: 38.0 acre(s)

Financial Information (Actual)

Net Operating Income $203,000
Debt Info

Utility Information

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

Park-Owned Homes

Number of Park-owned Homes: 10

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