Mobile Home Park Details
- Purchase Method: Cash
- Cap Rate: 10.0%
- Listing ID: 12947
- Posted On: Jun 2, 2010
- Updated On: Apr 4, 2014
Description
2013 gross rents:$216,000.
20 Homes are park owned and rented $450.00 to $550.00 per month.
Water bill includes garbage pick up and sewer fees. Park has city sewer, city water and city garbage pick up
Park has paved streets and city utilities. Mature trees in the park. Pecan orchard in front of the Park. It is located near Walmart and Home Depot. A new residential development across the street is in progress.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 74 |
| Total Occupancy: | 83.0 % |
| Average MH Lot Rent: | $230 |
| Size: | 16 acre(s) |
Financial Information
| Operating Expense: | $57,600 |
Park-Owned Homes
| Number of Park-owned Homes: | 14 |
| Average Rent for Park-owned Homes: | $380 |