Driveway
Driveway
Driveway
Driveway
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park laundromat
Photo of Mobile Home Park laundromat
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park - RV end
Photo of Mobile Home Park - RV end
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park - RV end
Photo of Mobile Home Park - RV end
Photo of Mobile Home Park - Entrance on FM1725
Photo of Mobile Home Park - Entrance on FM1725
Photo of Mobile Home Park
Photo of Mobile Home Park
Driveway
Driveway
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park laundromat
Photo of Mobile Home Park
Photo of Mobile Home Park - RV end
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park - RV end
Photo of Mobile Home Park - Entrance on FM1725
Photo of Mobile Home Park

Mobile Home Park Details

  • Purchase Method: Cash, Seller Financing, New Loan
  • Cap Rate: 8.0%
  • Listing ID: 1145058
  • Posted On: Oct 15, 2019
  • Updated On: Dec 19, 2020

Description

Updated Price. Solid investment, Stabilized.
Country Setting, Spacious Mobile Home and RV Park. on ±7.4 acres.

20 Mobile Home lots, 4 Cabins, 14 RV lots.
Stable income with low maintenance and long term Tenants.
75% occupancy = Room for improvement = opportunity.
Owner is Retired Law Enforcement = No Riff Raff, No Crack.
Contiguous Law Enforcement training center/ Range = No Riff Raff, No Crack
On site coin operated Washeteria.
Well and Septic system.
Financial details available with signed NDA attached.
This Property is a stabilized asset with marginal variations, suited for an Owner-Operator, probably not suited for institutional or syndicated investors.

Location

Northwest Rural outskirts of Cleveland Texas, 5 MN to Cleveland, 30 MN to Conroe on 105, 40 MN to Houston down 59.

Amenities

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

Park Information

Community Type: All Age
Number of MH Lots: 38
Total Occupancy: 75.0 %
Year Built: 2006
Average MH Lot Rent: $325
Size: 7 acre(s)

RV Information

Number of RV Lots: 21
Average RV Lot Rent: $385

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 4
Average Rent for Park-owned Homes: $650

Similar Mobile Home Parks for Sale