Mobile Home Park Details

  • Cap Rate: 10.0%
  • Listing ID: 2889319
  • Posted On: May 11, 2023
  • Updated On: Nov 10, 2023

Description

* 12 Single rooms (with 2 full, 2 queens or 1 king bed) / 6 Two-story lofts (sleeps 2-6 people) / 1 Cottage, (2bed/1.5bath) / 10 Condos 2bed/1.5 baths

* City Water and City Sewer

* Pavilion with full-service outdoor kitchen, TV, and fans

* Lakeview- State park is right across the street

* 2 picnic areas, complete with grills and picnic tables

* Large courtyard for outdoor games

* Gated entry

* Covered boat stalls with electrical outlets

* Room for expansion to add another 10 condos on the other side.

SELLERS HAVE REQUESTED ALL COMMUNICATIONS GO DIRECTLY TO BILLI DAVIS AT 281-377-4618

Location

Three Rivers, Texas

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Park Information

Total Occupancy: 100.0 %
Size: 4 acre(s)

Financial Information (Actual)

Gross Income: $454,032
Operating Expense: $203,209
Net Operating Income: $250,823
Expense Ratio: 44.8 %

Utility Information

Water: City
Sewer: Septic

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