Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Property ID: 1305246
  • Posted On: Aug 12, 2020
  • Updated On: Feb 9, 2021

Property Description

MULTI-FAMILY INVESTMENT PROPERTY on FM 1696 near Huntsville. Great country location on 3.619 acres. There are 3 aerobic systems on the property. Property includes: 1 main home, 3 manufactured homes, and 1 tiny home. Gross rent of $3270 per month approx.

Location

Huntsville, TX

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Park Information

Total Occupancy: 100.0 %
Year Built: 1950
Size: 4 acre(s)

Financial Information (Actual)

Gross Income $39,240
Operating Expense $8,450
Net Operating Income $30,790
Expense Ratio 21.5 %
Debt Info

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: Septic

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