Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 9.0%
- Listing ID: 1590004
- Posted On: Jan 22, 2022
- Updated On: Mar 7, 2022
Description
Remodeled Mobile Home Park with 7 Park Owned Homes with all separately metered electrical, gas, and water (CITY UTILITIES, TENANTS PAY ALL UTILITIES), Most units have new water heaters, refrigerators, Stoves, and Window Units, Upgraded Electrical, upgraded flooring. Turn Key Opportunity and Tenants currently pay electronically so perfect of out of town investors.
Units
519 $800.00
521 $600.00
523 $950.00
517 $900.00
513 $700.00
511 $700.00
509 $1,000.00
Monthly: $5,650.00
Location
521 Winship Rd., Pleasanton, TX (just south of San Antonio)
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Number of MH Lots: | 7 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1985 |
| Size: | 1 acre(s) |
Financial Information (Actual)
| Gross Income: | $67,800 |
| Operating Expense: | $17,563 |
| Net Operating Income: | $50,236 |
| Expense Ratio: | 25.9 % |
Lot Information
| Singlewide Lots: | 7 |
| Park Model Lots: | 7 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 7 |
| Average Rent for Park-owned Homes: | $810 |
