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Woodland Estates 1204 S. Laurent St, Victoria, TX 77901

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Woodland Estates Mobile Home Community
Woodland Estates Mobile Home Community
Woodland Estates Mobile Home Community

Mobile Home Park Details

  • Purchase Method: Cash, Seller Financing, New Loan
  • Cap Rate: 9.0% (Actual)
  • Listing ID: 115238
  • Posted On: Feb 15, 2012
  • Updated On: Sep 13, 2012

Description

BEAUTIFUL 50 Space Manufactured Home Community with a stable income stream. . Beautiful palm trees are in front of each lot. This is a turnkey park which takes less then 1 hour a month to run.

Location

Victoria is in the center of the healthiest economy of the country. Every major city around Victoria is in the top 15 markets in the Country!

Amenities

  • Storage
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Park Information

Community Type: All Age
Number of MH Lots: 50
Total Occupancy: 100.0 %
Year Built: 1978
Average MH Lot Rent: $314
Size: 7 acre(s)

Financial Information (Actual)

Gross Income: $258
Operating Expense: $70
Net Operating Income: $177
Expense Ratio: 27.1 %

Lot Information

Singlewide Lots: 50

RV Information

Number of RV Lots: 0

Utility Information

Water: City
Water Paid By: Park
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 23
Average Rent for Park-owned Homes: $256

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