Mobile Home Park Details

  • Purchase Method: New Loan
  • Listing ID: 227143
  • Posted On: Jul 18, 2012
  • Updated On: Oct 30, 2017

Description

Sherwood Manufactured Home Community is located in Baytown, approximately 25 miles east of downtown Houston and is one of the newest and nicest manufactured home communities in the Houston metro area. Baytown is in a good and convenient location with a solid employment base. With its wide concrete streets and spacious driveways, Sherwood is a distinctive model of pride of ownership that impresses visitors with its spacious and well maintained home sites. The 101 spaces accommodate double-wide and single wide homes; 53 spaces are a generous 68 feet wide, while the remaining 48 spaces are 46 feet wide. There are 4 vacant spaces while the park owns 29 homes—currently 19 are leased, 3 are on rent-to-own status, and 3 inventory homes are ready to be leased or sold. In addition, there are 4 notes secured by park homes with remaining mortgage amounts of approximately $118,000. The value of all 29 homes and notes is $500,000. Amenities include a welcoming, beautifully landscaped entrance to the park, visitor parking, a basketball court, a garage/shop, and a recreation area. RV and boat storage is available to residents at a discrete location in the park for a modest $20 per month.

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