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Midway Park 4500 East Hwy 199, Springtown, TX 76082

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Mobile Home Park Details

  • Purchase Method: New Loan
  • Listing ID: 478126
  • Posted On: Oct 19, 2014
  • Updated On: Apr 30, 2015

Description

This MHP is located with good road frontage on a very busy hi-way with 17 beautiful acres. Their are 32 park owned homes and 3 additional spaces available for added income. Plus 15 RV spots, with 4 park owned RV's.
Last years Gross Income was around $218,000

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Park Information

Community Type: All Age
Number of MH Lots: 35
Total Occupancy: 98.0 %
Year Built: 1984
Average MH Lot Rent: $625
Size: 17 acre(s)

Financial Information (Pro Forma)

Gross Income: $218

Lot Information

Singlewide Lots: 35

RV Information

Number of RV Lots: 15
Average RV Lot Rent: $350

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 32
Average Rent for Park-owned Homes: $625