Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Listing ID: 1238426
  • Posted On: Apr 3, 2020
  • Updated On: Jun 4, 2020

Description

Very nice and well maintained MHP. Nice individual parking. Close to everything. Exxon, Chevron, Stores, Movie theaters and etc. just minutes away. Approx. 30 minutes from Houston and 1 hour from Galveston. Nice piece of property in front of MHP is included. Add more mobile homes or open up just about any business. 6 lane highway in front of the MHP.

Location

2010 N Alexander, Baytown, Texas. 77520

Amenities

  • Storage
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Park Information

Community Type: All Age
Number of MH Lots: 16
Total Occupancy: 100.0 %
Year Built: 2004
Average MH Lot Rent: $922
Size: 3 acre(s)

Financial Information (Actual)

Gross Income: $160,000
Operating Expense: $20,000
Net Operating Income: $110,000
Expense Ratio: 12.5 %
Debt Info: 0

Lot Information

Singlewide Lots: 14
Doublewide Lots: 2

Utility Information

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

Park-Owned Homes

Number of Park-owned Homes: 16
Average Rent for Park-owned Homes: $922

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