Mobile Home Park Details

  • Purchase Method: Cash, Seller Financing, New Loan
  • Cap Rate: 11.0%
  • Property ID: 892973
  • Posted On: Jan 28, 2018
  • Updated On: Aug 1, 2019

Property Description

Newly renovated Mobile Home Park on 0.901 acres with 11 park owned homes, each one completely renovated and remodeled. City water and City sewer. The park includes 9 mobile homes with 2-3 bedrooms each, and 2 tiny homes, built on site with 1 bed, 1 bath, living, kitchen and W/D Hookups. The Vidor area is exploding with job oppurtunities! When one of these homes become available, it rents in one day!! West Davis Mobile Home Park is conveniently located near major highways, restaurants and shopping. This mobile home park is an investors dream! Make an appointment today. 972.816.7110 *OWNER FINANCING AVAILABLE!! Rates and Terms negotiable.

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

Park Information

Community Type: All Age
Number of MH Lots: 11
Total Occupancy: 100.0 %
Year Built: 2016
Average MH Lot Rent: $775
Size: 1 acre(s)

Financial Information (Actual)

Gross Income $8,635
Operating Expense $1,837
Net Operating Income $6,798
Expense Ratio 21.3 %
Debt Info

Lot Information

Singlewide Lots: 11

Utility Information

Water: City
Water Paid By: Park
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 11
Average Rent for Park-owned Homes: $775

Download Documents

Similar Mobile Home Parks for Sale