Executive Park Model Cabins
Executive Park Model Cabins
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Executive Park Model Cabins
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Mobile Home Park Details

  • Purchase Method: Cash
  • Land: This is land for developing a mobile home park
  • Cap Rate: 14.0%
  • Listing ID: 465564
  • Posted On: Aug 19, 2014
  • Updated On: Feb 24, 2015

Description

UNIQUE OPPORTUNITY!!! Looking for high yields without the typical tenant hassles of non payment?

Rental income supported by Major Oil Companies (Chesapeake, Halliburton, Shell and others) and high income oil workers. Fully managed, hassle free, passive high yield rental income.

The location is in the heart of the oil and gas drilling boom, the Eagle Ford Shale play is one of the largest oil and gas plays in the world, and 10's of thousands of wells will be drilled over the coming two decades. Dimmit County, the location of the project is SW of San Antonio,is consistently in the top three counties for drilling permits in the state of Texas. This area has both oil and gas reserves which will give longevity to the project. It's location is between Crystal City and just 5 min from the new growth of the town, Carrizo Springs, including Walmart, the new HEB super grocery store and the public golf course. The newly expanded county airport services the corporate jets of the oil companies, which is less than 10 mins.

InVision Housing Solutions Mgt LLC (IHS) is looking for JV partners for a 65 acre expansion of an existing 165 acre high quality workforce housing resort. (previously a very popular hunting ranch) or you can invest in our Private Placement Memorandum (PPM) as a passive investor, and is Self Directed IRA approved. (accredited investors only)

The current development has over 300 beds of workforce housing and 70 RV lots that are 100% occupied with a waiting list for this quality resort park.

This expansion will add over 100 premium waterfront and water-access for park models, mobile homes and RV lots in Phase 1 of Lake Park in 2014. The ability to expand several hundred more sites at this property of 165 acres is planned. This first capital raise is for the first 50 lots of expansion and has the access rights to all the amenities of the resort. (see below)

Adding Lake Park's new expansion will benefit greatly from over $12 million of infrastructure for existing roads, amenities, utilities, lodging and three years of reputation of the oil and gas industry.

The 14% CAP rate is based on existing performance of 70 existing RV lots.
The potential for higher returns with manufactured or park model homes used as housing these workers can increase towards 19% (JV investor share) once project is stabilized after development of lots. (contact us for these financials)

IHS focus on developing extremely popular and lucrative property developments in the Eagle Ford Shale region in Texas is our niche and we offer a different kind of housing for this American Energy Revolution’s workforce. The new Lake Park Development will cater to the demand for quality workforce housing in a "Sportsman's" retreat environment.

A full range of amenities and recreational facilities on site to ensure this development will continue to be the premier choice to house over 10,000 + oil and gas workers in the Eagle Ford Shale play.

Gated stone entrance
Lakeside bar and Grill
Poolside Tiki bar and fire pit
24 hour restaurant for the workers
Two existing stocked fishing lakes
Pistol and skeet shooting range
Over 400 exotic game animals with high fence for hunting
Commercial laundry facilities

Under construction:
Third restaurant
Bath house and coin laundry facilities

With permits and planning in place and housing up to 300 oil and gas related workers already on site at the Double C Resort, Lake Park will be another great addition to this unique development.

The North American shale-gas boom, and it’s expectation of continued growth for decades to come, have companies scrambling to provide affordable, quality living conditions for temporary and permanent field workforce.

Workforce-housing standards have been typically quite low, contributing to bored and unhealthy worker with high attrition rates.

IHS is setting a paradigm shift away from the previously accepted low standards of workforce housing, by offering a unique “recreational” benefits in a safe and secure villages for the workers, allowing companies to attract and retain the skilled staffing they need.

We are currently developing the most desirable and unique lodging concepts for the oil and gas fields of the great Eagle Ford Shale boom in SW Texas, that’s rapidly has become the largest concentration of drilling rigs in the world, in just 3 years!!

Considered to be a long term, multi decade historic boom, with billions of dollars of investment in this new American Energy Revolution over the next 30-40 years.

IHS is a forward thinking company with a strong team of industry experts in the fields of oil and gas, residential and commercial development, and investor relations with Vision and Goals to offer a better lodging solution in an industry where workers are housed in dorm like man camps or “trailerhoods”.

By offering comfort and safety in amenity base “Sportsman’s Lodge” resort environment to cater to this new workforce boom, means a higher return for the investor now and future sustainability since it can have the amenities, infrastructure and flexibility to be converted as the market transitions into permanent housing later. Note, the project is less than 10 mins for the largest border patrol station in Texas, which has 400 agents. This could be another revenue source in future phases.

If interested in finding out more, please visit us at: www.americasenergyrevolution.com , there you will be able to register and download the Executive Summary Overview, Feasibility Study and the Private Placement Memorandum.

However, feel free to call us:

Tom Tamrack / Managing Member direct at 210-560-1926
Michael Spencer / Investor Relations direct at 810-516-9105

www.invisionhousing.com (company website)
www.doublecresort.com (project website)
http://www.ugcenter.com/US-Shales/The-Eagle-Ford_135112

The securities referred to in this advertisement may be sold only to accredited investors, which, for natural persons, are investors who meet certain minimum annual income or net worth thresholds. Such securities are being offered in reliance on an exemption from the registration requirements of the Securities Act and are not required to comply with specific disclosure requirements that apply to registration under the Securities Act. The Commission has not passed upon the merits of or given its approval to the securities, the terms of the offering, or the accuracy or completeness of any offering materials. The securities are subject to legal restrictions on transfer and resale and investors should not assume that they will be able to resell their securities. Investing in securities involves risk, and investors should be able to bear the loss of their investment.

Amenities

  • Laundromat
  • Pool
  • Club House
  • Handicap Accessible
Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: All Age
Number of MH Lots: 50
Total Occupancy: 100.0 %
Year Built: 2014
Average MH Lot Rent: $525
Size: 65 acre(s)

Financial Information (Pro Forma)

Gross Income: $315
Operating Expense: $94
Net Operating Income: $220
Expense Ratio: 29.8 %
Debt Info: Equity

Lot Information

Singlewide Lots: 25
Park Model Lots: 25

RV Information

Average RV Lot Rent: $525

Utility Information

Water: Well
Water Paid By: Park
Sewer: Treatment Plant

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