Contact Information

Mobile Home Park Details

  • Price: $275,000
  • Purchase Method: Cash, New Loan
  • Property ID: 1123172
  • Posted On: Aug 19, 2019
  • Updated On: Sep 3, 2019

Property Description

Very convenient location in Tyler (East Texas) inside North Loop 323. Over 2 acres, 7 mobile homes with two DW's and 5 SW's. All separately metered (electric & water). All homes are owned. Two aerobic systems and rest conventional septics. Tenants pay all utilities. Both double wides are 3/2 with CH/CA. Some homes are older but all homes are very easy to rent. Have some long-term tenants. Overhead very low and gross income around $3,500/month or $42,000/year. Property taxes around $600/yr. Have recent property appraisal. Great return on investment! Priced at $275,000.

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Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 7
Average Rent for Park-owned Homes: $500