Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 1516204
- Posted On: Sep 16, 2021
- Updated On: Nov 14, 2022
Description
Investment property MH Park with individual City of Andrews utilities (water, sewer, Oncor) Great location only minutes from Andrews. Currently 34 vacant pads are ready to go. 8 already set up. Cable/internet is available. Single or Double Wide spaces available. On approx. 6 acres. All Age Community 42 Lots
The park is licensed for 42 pads and is situated on 6 acres on. Public water and public sewer. There are 8 rented lots with tenant owned homes and 34 vacant pads. Minimal maintenance...
Please call for additional information. Visit website desertwillowestate.com
Location
North on N385 to NW 2000 (Tractor Supply) follow to the end of the road
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 42 |
| Total Occupancy: | 5.0 % |
| Year Built: | 2019 |
| Average MH Lot Rent: | $500 |
| Size: | 6 acre(s) |
Financial Information (Actual)
| Gross Income: | $3,500 |
| Operating Expense: | $500 |
| Net Operating Income: | $2,850 |
| Expense Ratio: | 14.3 % |
Lot Information
| Singlewide Lots: | 42 |
| Doublewide Lots: | 42 |
RV Information
| Number of RV Lots: | 0 |
| Average RV Lot Rent: | $0 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 3 |
| Average Rent for Park-owned Homes: | $12,501,500 |