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Byrd Mobile Home Park 1801 South Business 45, Corsicana, TX 75110

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Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Listing ID: 1237785
  • Posted On: Apr 2, 2020
  • Updated On: May 21, 2020

Description

Mobile Home Park on 4.53 acres within the city limits of Corsicana, TX 75110. Presently, there are 12 mobile homes and 12 open spaces with surplus land of 3 acres. The park owns all the mobile homes and 2 brick buildings with approximately 4,088 sq ft. All homes are on city water and Sewer. Tenants pay all utilities, water, sewer, trash, & electric. Zoining is Industrial.

Location

Long frontage on S Business 45

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Park Information

Community Type: All Age
Number of MH Lots: 12
Total Occupancy: 75.0 %
Average MH Lot Rent: $350
Size: 5 acre(s)

Financial Information (Pro Forma)

Gross Income: $142,680
Operating Expense: $21,500
Net Operating Income: $121,000
Expense Ratio: 15.1 %

RV Information

Number of RV Lots: 4
Average RV Lot Rent: $350

Utility Information

Water: City
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 12
Average Rent for Park-owned Homes: $655

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