Contact Information
JOSEPH ONWUTEAKA
Mobile Home Park Details
- Price: $1,650,000
- Purchase Method: Cash, Seller Financing
- Cap Rate: 8.0% (Actual)
- Listing ID: 6933152
- Posted On: Jul 1, 2025
- Updated On: Jul 1, 2025
Description
21 LOTS, 4 HOUSES, AND 3 UNDEVELOPED LOTS. 100% OCCUPIED.
Location
I-45/PARKER EXIT, HOUSTON, TX 77076
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Park Information
| Number of MH Lots: | 21 |
| Total Occupancy: | 100.0 % |
| Average MH Lot Rent: | $515 |
| Size: | 3 acre(s) |
Financial Information (Actual)
| Gross Income: | $191,580 |
| Operating Expense: | $55,940 |
| Net Operating Income: | $135,640 |
| Expense Ratio: | 29.2 % |
Lot Information
| Singlewide Lots: | 21 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
