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

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