Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 10.0%
- Listing ID: 1370381
- Posted On: Dec 21, 2020
- Updated On: Sep 7, 2021
Description
43-Space tiny home and MH community that provides monthly rentals of clean, late model housing, in an area with a great demand and strong rental rates for blue collar housing. The property is getting $780 to $900 per month for monthly or weekly 1 BR units and $1,000+ per month on long term leases for their 3/2 mobile homes. Attractive property with late model homes and an onsite office / laundry. Texas broker of record: Lloyd Thomas, NAI Aldrich-Thomas Group.
Location
Located just 30 miles southwest of San Antonio, in Moore, Texas. Situated just off of Interstate 35.
Amenities
- Laundromat
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 43 |
| Total Occupancy: | 59.6 % |
| Average MH Lot Rent: | $400 |
| Size: | 14 acre(s) |
Financial Information
| Net Operating Income: | $178,515 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
Video
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