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Lyndsey Rd 685 Lindsey Road, Lumberton, TX 77657

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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

Park-Owned Homes

Number of Park-owned Homes: 1

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