Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 1362798
- Posted On: Dec 2, 2020
- Updated On: Aug 10, 2023
Description
JTACR Real Estate Group is pleased to present The Ranch: a 100-site community located in Plainview, TX. The community is advantageously positioned just off of Interstate 27, providing excellent accessibility to the entire region.
In addition, The Ranch Mobile Home Community is located within the City Limits of Plainview, with City hookups for both Water and Sewer.
Current ownership features below market rents, as well as the upside of filling currently vacant pad sites, thereby presenting investors with immediate rental upside. This is a non-Stabilized park with operational and financial upside.
Amenities
- Club House
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
Community Type: | All Age |
Number of MH Lots: | 100 |
Total Occupancy: | 17.0 % |
Average MH Lot Rent: | $200 |
Size: | 18 acre(s) |
Financial Information (Pro Forma)
Gross Income: | $48,240 |
Lot Information
Singlewide Lots: | 100 |
Utility Information
Water: | City |
Water Paid By: | Tenant - RUBs |
Sewer: | City |