Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 362369
- Posted On: Feb 11, 2013
- Updated On: Sep 4, 2013
Description
Opportunity to acquire a sizable all age community within the Dallas/Fort Worth MSA.
Vacancy upside potential with an opportunity to purchase the community at an attractive basis and implement a sales or leasing program.
Community is appropriately positioned to capture growing demand for attractive affordable housing in the market.
The sale includes 65 inventory homes, 39 that are occupied. There are also 8 abandoned homes in the community in the process of getting title.
Opportunity to expand the community on ~14 acres of vacant land included with the property.
Amenities include an on-site office, playground and basketball court.
The community is serviced by municipal utilities through the City of Sanger. Water is sub-metered and billed back to tenants.
Park Information
Community Type: | All Age |
Number of MH Lots: | 205 |
Total Occupancy: | 70.0 % |
Year Built: | 1978 |
Size: | 44 acre(s) |
Utility Information
Water: | City |
Sewer: | City |