Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 8.0% (Actual)
- Listing ID: 6676214
- Posted On: Jul 24, 2024
- Updated On: Jul 29, 2024
Description
6 Acres
Built in 2018
63 Total RV Lots
Clubhouse
On-Site Laundry Facility
Park Features:
High-Tech Connectivity & Security:
- Extremely advanced security camera system accessible from anywhere.
- Software for the new owner to manage the campground remotely.
- Dedicated fiber optic line to the office and street lights.
- WiFi hubs on each pole provide excellent WiFi for all tenants.
Office Amenities:
- Very nice office with a coffee station for tenants to enjoy.
Bathrooms:
- Three individual bathrooms with spacious showers.
- Two large commercial-grade tankless water heaters ensure tenants never run out of hot water.
Laundry Facilities:
- Six Large washer and Dry room with coin-operated commercial-grade Whirlpool washers and Dry.
Premium sites have concrete pads.
- Luxury sites have oversized concrete pads.
- Metered pedestals offering 50/30/110 on all sites.
Recreational Features:.
- Dog park with benches and dog bag station.
-Laundry House
-Shower House
Utilities:
- City Sewer.
- City water with a looped 4"& 2" water line throughout the park.
Location
Contact 409 284 6626
Amenities
- Laundromat
- Club House
- Storage
- Handicap Accessible
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 63 |
| Total Occupancy: | 90.0 % |
| Year Built: | 2018 |
| Average MH Lot Rent: | $585 |
| Size: | 13 acre(s) |
Financial Information (Actual)
| Gross Income: | $462,235 |
| Operating Expense: | $174,000 |
| Net Operating Income: | $288,000 |
| Expense Ratio: | 37.6 % |
RV Information
| Number of RV Lots: | 63 |
| Average RV Lot Rent: | $585 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |