Mobile Home Park Details
- Purchase Method: Cash
- Cap Rate: 9.2%
- Listing ID: 1677087
- Posted On: May 26, 2022
- Updated On: Aug 25, 2022
Description
Tyler Place Mobile Home and RV Park in Beeville, TX (Bee County) consists of approximately 19 acres of land, 91 mobile home spaces and 38 RV spaces. The property is served by city of Beeville water and sewer. The park includes and onsite manager's office and a small retail shop for lease. The RV area has a laundry area with a recreation room and 2 restrooms.
Location
Beeville is the county seat of Bee County. It is about 100 miles southeast of San Antonio, and about 65 miles northwest of Corpus Christi. The property is within the city limits and a large public park with play areas for children is located adjacent to the property across S. Tyler St.
Amenities
- Laundromat
- Club House
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 91 |
| Total Occupancy: | 42.0 % |
| Year Built: | 1975 |
| Average MH Lot Rent: | $275 |
| Size: | 19 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $465,674 |
| Operating Expense: | $194,534 |
| Net Operating Income: | $271,140 |
| Expense Ratio: | 41.8 % |
Lot Information
| Singlewide Lots: | 91 |
| Doublewide Lots: | 0 |
| Triplewide Lots: | 0 |
RV Information
| Number of RV Lots: | 38 |
| Average RV Lot Rent: | $355 |
Utility Information
| Water: | City |
| Sewer: | City |
