Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 7.0%
- Listing ID: 18646
- Posted On: Dec 14, 2010
- Updated On: Dec 14, 2010
Description
RV Park with 80 spaces plus an RV/Auto/Boat Repair shop.
Also included in the purchase price is a 10,000 building that houses the Shop, commons area, laundry room, and owner's living quarters a 3 bdrm-2 bath. Also we will include 13 Park Models that are 2bdrm-1bath and currently 100% occupied.
Please call me or email me for more information
David
at 210-364-4646 cell
dmedrano1@aol.com
Location
3500 Orkney Ave San Antonio, Texas 78223
Amenities
- Laundromat
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 80 |
| Total Occupancy: | 90.0 % |
| Year Built: | 2002 |
| Average MH Lot Rent: | $425 |
| Size: | 8 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $724,000 |
| Operating Expense: | $341,000 |
| Net Operating Income: | $341,000 |
| Expense Ratio: | 47.1 % |
| Debt Info: | none |
Lot Information
| Park Model Lots: | 80 |
RV Information
| Number of RV Lots: | 80 |
| Average RV Lot Rent: | $425 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 13 |
| Average Rent for Park-owned Homes: | $350 |
