Contact Information

Mobile Home Park Details

  • Price: $1,200,000
  • Property ID: 1347286
  • Posted On: Oct 28, 2020
  • Updated On: Oct 28, 2020

Property Description

Sunstone is pleased to offer for sale Pine Ridge RV & Mobile Home Park in Longview, Texas. Pine Ridge is a 41 space all-age community that offers below market rents and less than 25% park-owned homes. Longview is a strong tertiary market with a population of 82,200 people. As of August 2020, Longview’s labor force unemployment rate is 7.3% (compared to the national rate of 8.4%). Pine Ridge is serviced by well water, septic sewer, and sub-metered electricity. The property is conveniently located off Interstate-20, between Longview and Kilgore, Texas.

Location

Strong Tertiary Market with over 80,000 population
Upside in Rents
Less than 25% Park-Owned Homes

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Park Information

Community Type: All Age
Number of MH Lots: 41
Total Occupancy: 70.0 %
Average MH Lot Rent: $304
Size: 8 acre(s)

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