Contact Information
Mobile Home Park Details
- Price: $730,000
- Property ID: 1338998
- Posted On: Oct 12, 2020
- Updated On: Oct 12, 2020
Property Description
Sunstone is pleased to offer for sale, Hub City Mobile Home Park in Alice, Texas. Hub City is a 34 space all-age community that offers sub-metered city water and sewer. Alice is located approximately 45 miles West of Corpus Christi, Texas. The city is called “Hub City” due to its geographical location between Corpus Christ, McAllen, Laredo, and San Antonio. Its location between these cities makes it an ideal center for distribution. Although Alice is known as an oil town, the property has maintained steady occupancy through the oil market crash and Covid-19 pandemic. The property offers a great opportunity to purchase a stabilized asset at 92% occupancy.
Location
City Utilities
92% Economic Occupancy
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Park Information
Community Type: | All Age |
Number of MH Lots: | 32 |
Total Occupancy: | 92.0 % |
Year Built: | 1980 |
Average MH Lot Rent: | $300 |
Size: | 4 acre(s) |
Utility Information
Water: | City |
Water Paid By: | Tenant - Submetered |
Sewer: | City |
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