Contact Information

Melvin Chaloupka
REMAX Land and Homes

Mobile Home Park Details

  • Price: $2,750,000
  • Purchase Method: Cash, New Loan
  • Cap Rate: 0.1%
  • Listing ID: 6482014
  • Posted On: Jul 3, 2024
  • Updated On: Jul 10, 2024

Description

Here is your chance to own a very well-established Mobile Home Park in Victoria, TX. The Halepaska Mobile Home Park consists of 40 sites on 10 acres of land that is located outside of Victoria City Limits but in the ETJ. This park has a proven track record of being a premier money-making park. This park has a 100% occupancy with a waiting list. Seller also has 12 owner financed mobile homes that will convey to the buyer. This park consists of a TCEQ approved Licensed Water and Sewer Treatment Plant. All lots are 1/4 acre, fenced and with a storage building.
There is 10 additional acres available for $200,000 for future expansion to take this park from 40 sites to 77 sites. This additional 10 acres is not included in the listing price.

Location

Located on U.S. Hwy 59 Business and U.S. Hwy 77.

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: All Age
Number of MH Lots: 40
Total Occupancy: 100.0 %
Year Built: 2014
Average MH Lot Rent: $425
Size: 10 acre(s)

Financial Information (Actual)

Gross Income: $264,191
Operating Expense: $71,961
Net Operating Income: $192,230
Expense Ratio: 27.2 %

Utility Information

Water: Well
Water Paid By: Park
Sewer: Treatment Plant

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