Mobile Home Park Details
- Purchase Method: Seller Financing
- Listing ID: 1240893
- Posted On: Apr 12, 2020
- Updated On: Apr 16, 2020
Description
Nice 51-lot mobile home park on 5.6 acres with paved roads. The park is located in the center of a booming city and is about 30 minutes drive from downtown of Houston, TX. The park is 100% full with many long term tenants. City water and city sewer with individual meters. The park has a full-time Manager onsite and is easy to manage for out-of-town owner. All POHs are on RTO contracts with low repair and maintenance expenses. Most of POHs were built in the late ‘90. Rent is currently below market rate and can be increased to achieve a higher cap rate. Owner financing is available with 20% down payment. Please email Owner for more information.
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Park Information
Community Type: | All Age |
Number of MH Lots: | 51 |
Total Occupancy: | 100.0 % |
Year Built: | 1996 |
Size: | 6 acre(s) |
Lot Information
Singlewide Lots: | 51 |
Doublewide Lots: | 1 |
Utility Information
Water: | City |
Water Paid By: | Tenant - Individual Service |
Sewer: | City |
Street address is not available. Map is centered on the city, the state or the country.