Woodland Estates Mobile Home Community
Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 9.0%
- Listing ID: 115238
- Posted On: Feb 15, 2012
- Updated On: Sep 13, 2012
Description
BEAUTIFUL 50 Space Manufactured Home Community with a stable income stream. . Beautiful palm trees are in front of each lot. This is a turnkey park which takes less then 1 hour a month to run.
Location
Victoria is in the center of the healthiest economy of the country. Every major city around Victoria is in the top 15 markets in the Country!
Amenities
- Storage
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 50 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1978 |
| Average MH Lot Rent: | $314 |
| Size: | 7 acre(s) |
Financial Information (Actual)
| Gross Income: | $258 |
| Operating Expense: | $70 |
| Net Operating Income: | $177 |
| Expense Ratio: | 27.1 % |
Lot Information
| Singlewide Lots: | 50 |
RV Information
| Number of RV Lots: | 0 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 23 |
| Average Rent for Park-owned Homes: | $256 |
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