Mobile Home Park Details
- Cap Rate: 10.0%
- Listing ID: 2889319
- Posted On: May 11, 2023
- Updated On: Nov 10, 2023
Description
* 12 Single rooms (with 2 full, 2 queens or 1 king bed) / 6 Two-story lofts (sleeps 2-6 people) / 1 Cottage, (2bed/1.5bath) / 10 Condos 2bed/1.5 baths
* City Water and City Sewer
* Pavilion with full-service outdoor kitchen, TV, and fans
* Lakeview- State park is right across the street
* 2 picnic areas, complete with grills and picnic tables
* Large courtyard for outdoor games
* Gated entry
* Covered boat stalls with electrical outlets
* Room for expansion to add another 10 condos on the other side.
SELLERS HAVE REQUESTED ALL COMMUNICATIONS GO DIRECTLY TO BILLI DAVIS AT 281-377-4618
Location
Three Rivers, Texas
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Total Occupancy: | 100.0 % |
| Size: | 4 acre(s) |
Financial Information (Actual)
| Gross Income: | $454,032 |
| Operating Expense: | $203,209 |
| Net Operating Income: | $250,823 |
| Expense Ratio: | 44.8 % |
Utility Information
| Water: | City |
| Sewer: | Septic |
