Mobile Home Park Details

  • Cap Rate: 6.3%
  • Listing ID: 2882994
  • Posted On: May 10, 2023
  • Updated On: Sep 18, 2023

Description

Public Water and Public Sewer / Water, Sewer and Trash all billed back to tenant.

49 Spaces / 40 Occupied

48 Mobile Home Spaces

1 RV Space

15 Park-Owned Homes / 33 Tenant-Owned Homes

All age park. Families are welcome

Location

Victoria is within a two-hour drive of Austin,
Houston, San Antonio, and Corpus Christi

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Park Information

Community Type: All Age
Number of MH Lots: 49
Total Occupancy: 80.6 %
Size: 7 acre(s)

Financial Information (Actual)

Gross Income: $330,475
Operating Expense: $80,851
Net Operating Income: $189,624
Expense Ratio: 24.5 %

Utility Information

Water: City
Sewer: City

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