Contact Information

Mobile Home Park Details

  • Price: $669,500
  • Cap Rate: 6.4%
  • Listing ID: 2360517
  • Posted On: Apr 5, 2023
  • Updated On: Nov 1, 2024

Description

- 28 RV spaces
- 2 Tiny home cabins
- 1100sf 2bed/1bath home with an attached office
- 1500sf building including a 800sf apartment, 600sf storage/extra bedroom and a 10 x 10’ laundry room
- City Water
- Aerobic Septic System
- Gravel Roads

Location

- Located 1 hour from San Antonio and 1 hour from Corpus Christi, Texas

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Park Information

Number of MH Lots: 32
Total Occupancy: 33.0 %
Year Built: 1970
Size: 7 acre(s)

Financial Information (Actual)

Gross Income: $195,900
Operating Expense: $51,548
Net Operating Income: $43,048
Expense Ratio: 26.3 %

Utility Information

Water: City
Sewer: Septic

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