Mobile Home Park Details

  • Listing ID: 1547508
  • Posted On: Nov 10, 2021
  • Updated On: Nov 14, 2022

Description

JTACR Real Estate Group is pleased to present Lazy Days Trailer Park & Walker’s Court Community: a 34-unit, mixed use community located in the heart of Port Isabel, TX.

The unit mix consists of the following: 9 MH/RV lots, 17 RV lots, Apartment (5-plex), 4 Single Family Houses, 1 storage.

The community is advantageously positioned centrally, surrounded by shops, retail, and housing, solving for a housing need and demand in this South Texas region. In addition, the community is located within the City Limits of Port Isabel, with City hookups for both Water and Sewer.

Current ownership features below market rents, as well as the upside of transitioning to utility pay back, thereby presenting investors with the opportunity to acquire a well-maintained community with immediate rental upside.

Amenities

  • Laundromat
  • Storage
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Park Information

Number of MH Lots: 26
Total Occupancy: 92.0 %
Average MH Lot Rent: $400
Size: 1 acre(s)

Financial Information

Gross Income: $166,870

Lot Information

Singlewide Lots: 9

RV Information

Number of RV Lots: 17

Utility Information

Water: City
Water Paid By: Park
Sewer: City

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