Mobile Home Park Details
- Cap Rate: 14.2%
- Listing ID: 2360517
- Posted On: Apr 5, 2023
- Updated On: Jul 12, 2023
Description
28 RV spaces
2 Tiny home cabins
1100sf 2bed/1bath home with an attached office
1500sf building including a 800sf apartment, 600sf storage/extra bedroom and a 10 x 10’ laundry room
City Water
Aerobic Septic System
Gravel Roads
Value Add Opportunity: 7.39 acres to expand the RV park
Seller Financing Available
Location 1 hour from San Antonio and 1 hour from Corpus Christi Texas
Location
*Location 1 hour from San Antonio and 1 hour from Corpus Christi
Texas
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Park Information
| Year Built: | 1970 |
| Size: | 7 acre(s) |
Financial Information (Actual)
| Gross Income: | $151,200 |
| Operating Expense: | $31,382 |
| Net Operating Income: | $92,352 |
| Expense Ratio: | 20.8 % |
RV Information
| Number of RV Lots: | 28 |
Utility Information
| Water: | City |
| Sewer: | Septic |
