Mobile Home Park Details
- Cap Rate: 6.3% (Actual)
- 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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