Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 1470565
- Posted On: Jul 4, 2021
- Updated On: Oct 3, 2021
Description
15 lots, 12 occupied with only 2 park-owned homes. 10 tenant owned homes. Opportunity to expand. Owned in Fee Simple. 5.8829 Acres outside city limits. Connects to City Water & Electric, and Septic system. Water/septic/trash is paid by the park and tenants pay for their individual electricity.
The street is asphalt paved and asphalt paved driveways. The site is quiet and cozy located just outside city limits of Texarkana TX.
If interested to receive more information, please complete the attached NDA, and send signed form to twilightcircleV@gmail.com
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 15 |
| Total Occupancy: | 80.0 % |
| Year Built: | 1994 |
| Average MH Lot Rent: | $300 |
| Size: | 6 acre(s) |
Financial Information (Actual)
| Gross Income: | $54,900 |
| Operating Expense: | $14,580 |
| Net Operating Income: | $40,320 |
| Expense Ratio: | 26.6 % |
| Debt Info: | Bankable |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 2 |
| Average Rent for Park-owned Homes: | $730 |