Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 1123172
- Posted On: Aug 19, 2019
- Updated On: Nov 18, 2019
Description
Very convenient location in Tyler (East Texas) inside North Loop 323. Over 2 acres, 7 mobile homes with two DW's and 5 SW's. All separately metered (electric & water). All homes are owned. Two aerobic systems and rest conventional septics. Tenants pay all utilities. Both double wides are 3/2 with CH/CA. Some homes are older but all homes are very easy to rent. Have some long-term tenants. Overhead very low and gross income around $3,500/month or $42,000/year. Property taxes around $600/yr. Have recent property appraisal. Great return on investment! Priced at $275,000.
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Utility Information
Water: | City |
Water Paid By: | Tenant - Individual Service |
Sewer: | Septic |
Park-Owned Homes
Number of Park-owned Homes: | 7 |
Average Rent for Park-owned Homes: | $500 |