Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Listing ID: 1230948
  • Posted On: Mar 18, 2020
  • Updated On: May 21, 2020

Description

Money Maker! Present owner developing this 2.71 acres into a Mobile Home Park located on busy Hwy 287/19 South in Palestine, TX. At this time, there are four buildings and 3 mobile homes being rented on this 2.71 acres.The property is shaped in a rectangular shape, the buildings up front have previously been used in the past as a daycare facility & as a church with approx 6,792 sq ft.,all varying year & type construction. There is a conventional septic treatment underground absorption system with required clean outs on the front portion where the buildings are and an aerobic septic system with chlorinator & pump chamber in the back portion for the mobile homes. Tenants pay all utilities, water, sewer, trash, & electric.The park owns all the homes. Community water system called Walston Springs Water Supply. The seller has three more parks for sale. He wants to sell all four. Make him an Offer! He wants to sell!

Location

Highway 287 & 19 is a good, and, the busiest highway in Palestine TX offering good visibility to the trailer park. There is approximately 185 feet of highway frontage. The land is rectangular in shape.

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Park Information

Community Type: All Age
Total Occupancy: 98.0 %
Average MH Lot Rent: $350
Size: 3 acre(s)

Utility Information

Water: Well
Water Paid By: Tenant - Submetered
Sewer: Septic