Mobile Home Park Details
- Purchase Method: Cash
- Listing ID: 1559633
- Posted On: Nov 18, 2021
- Updated On: Mar 2, 2022
Description
Property Description:
Lot Size: 39,722 sq ft
Highly desirable location for easy commute and good visibility for renters
Rent land only - do not own mobile homes
Platted for 8 spaces - 7 full size and 1 RV
Currently 6 spaces occupied
$425 x 5 spaces
$300 x 1 space
Tenants pay electricity
Landlord's Monthly expenses
$400 water
$100 lawn
$100 trash
Annual
$500 insurance
Location
Highly desirable location for easy commute and good visibility for renters - Channelview, TX minutes from I-10
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Park Information
Community Type: | All Age |
Number of MH Lots: | 7 |
Total Occupancy: | 80.0 % |
Average MH Lot Rent: | $425 |
Size: | 1 acre(s) |
Financial Information (Actual)
Gross Income: | $2,475 |
Operating Expense: | $747 |
Net Operating Income: | $1,678 |
Expense Ratio: | 30.2 % |
Lot Information
Singlewide Lots: | 7 |
Doublewide Lots: | 0 |
Triplewide Lots: | 0 |
Park Model Lots: | 0 |
RV Information
Number of RV Lots: | 1 |
Average RV Lot Rent: | $300 |
Utility Information
Water: | City |
Water Paid By: | Park |
Sewer: | City |