Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Multi Family Housing
Photo of Mobile Home Community
Mobile Home Park Details
- Purchase Method: Seller Financing
- Land: This is land for developing a mobile home park
- Cap Rate: 10.9%
- Listing ID: 881590
- Posted On: Nov 24, 2017
- Updated On: Jan 15, 2018
Description
3.5 ac. 10 lots,8 park owned homes,3 storage buildings, 24x30 garage wired for 110/220, homes are all elect.with appliances, covered front porches.Very nice homes,low maint. 2 empty lots with utilities.10 miles south of Tyler Texas, close to Lake Palestine, hospitals,Gro. Store, Hardware Store, dining,bars,ect. Room to add more homes.
Amenities
- Storage
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 10 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1985 |
| Average MH Lot Rent: | $650 |
| Size: | 4 acre(s) |
Financial Information
| Gross Income: | $64 |
| Operating Expense: | $7 |
| Net Operating Income: | $57 |
| Expense Ratio: | 10.9 % |
| Debt Info: | 00 |
Lot Information
| Singlewide Lots: | 9 |
| Doublewide Lots: | 1 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 8 |
| Average Rent for Park-owned Homes: | $650 |