Contact Information

Mobile Home Park Details

  • Price: $7,495,000
  • Listing ID: 6187836
  • Posted On: Jun 10, 2024
  • Updated On: Jun 17, 2024

Description

For more information, please sign the NDA below:
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A Three Park Portfolio with 215 Sites
La Feria MHP
- 80 Lots - Not Including Office
- Offering Price: $2,700,000
- Actual CAP Rate: 6.99%
- Pro-forma CAP Rate: 8.2%
Esperanza MHP
- 81 Lots and Rentable Spaces - Including Office, Apartments, and House
- Offering Price: $2,645,000
- Actual CAP Rate: 5.84%
- Pro-forma CAP Rate: 9.37%
Flour Bluff RV and MHP
- 54 Lots - Including the Office
- Offering Price: $2,150,000 (Without the Corner Lot)
- Actual CAP Rate: 7.3%
- Pro-forma CAP Rate: 8.7%

Location

Located in South Texas

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Park Information

Number of MH Lots: 215

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