HOUSTON MANUFACTURED HOME COMMUNITY FOR SALE

Hunterwood Village MHC is a unique 3-acre, 45-lot community located in East Houston in the Wallisville Road/Huffmeister road area, just North of Interstate 10 East. With lots located on both sides of a city of Houston Street, street lighting provided by City of Houston, sewer and water maintained by City of Houston and Common recreation areas deeded back to City of Houston (no taxes), Hunterwood has the lowest operating expenses you can possibly find!

INVESTMENT HIGHLIGHTS

Located in City limits of Houston within a residential neighborhood.

Lots are individually platted.

Located within single family residential neighborhood with schools and shopping conveniently located nearby.

Curbed street through community is built to county subdivision specifications.

Street and street lighting, main sewer and water lines maintained by
City of Houston.

Common areas for recreation have been deeded to the city therefore
are not on tax rolls.

PARK OWNED HOMES

Twenty-eight park-owned homes are located within Hunterwood and generate significant positive cashflow. All have been sold to residents under a "Contract-for-Title" program. Homes currently generate approximately $10,600 per month. All homes are singlewides and most homes are 16x76 and were built between 1996 and 2000. Homes are to be sold at a discount of the current loan balance. Owner will also consider owning an interest in current note portfolio.

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