Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan
- Listing ID: 1611174
- Posted On: Feb 24, 2022
- Updated On: May 24, 2022
Description
5 lot mobile home park on 1 acre in the city of Lumberton.
Location
Lumberton Texas
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Park Information
Community Type: | All Age |
Number of MH Lots: | 5 |
Total Occupancy: | 20.0 % |
Average MH Lot Rent: | $550 |
Size: | 1 acre(s) |
Financial Information (Actual)
Gross Income: | $24,000 |
Operating Expense: | $1,000 |
Net Operating Income: | $23,000 |
Expense Ratio: | 4.2 % |
Lot Information
Singlewide Lots: | 2 |
Utility Information
Water: | City |
Water Paid By: | Tenant - Individual Service |
Sewer: | City |