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 Mobile Home Park
Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 11.0%
- Listing ID: 892973
- Posted On: Jan 28, 2018
- Updated On: Aug 1, 2019
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. TLCHomes4U@yahoo.com
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 % |
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 |
