PARADISE COVE RV & MHP

Mobile Home Park is situated off Hwy 59 South off Nacogdoches, Texas. The land consists of 72 developed acres with a 15 acre lake, city water and city sewer, 18 park owned mobile homes (including 7 double wides)which are elected as real property and are part of the of the land with 100+ RV spaces that can be replaced with mobile home lots instead and a 2 story metal workshop. The Park has the capacity to expand to become a 170-175 MHP. The Park was developed by professional to offer mobile home lots and RV lots. Park has beautiful landscaping with fully grown barlett pears, has a high fence area for deer to be kept, owner will furnish new owner 3-4 tamed deer for the enjoyment of the tenants if they prefer not to fish. The park has a great potential for growth and additional income. Each mobile home space can have it's own water meter installed and have each renter pay their own water service. The cost per meter sis $30 plus any expenses to run lines from mobile home to meter, which shouldn't be costly since the Park is located outside the city limits; thus, it is not necessary to hire a licensed plumber to this work. The Seller can have this done for buyer if preferred.
The back portion has 30 acres that can be divided into 1/2 acre lots and sold & owner financed individually. It has already been cleared. You can put a 14 foot wide gravel or blacktop road. Lots can sold for $19,900 @ 10-12% interest.

This park's potential to make good money is extraordinary. The MHP was appraised for 1.2 million back in 2012. The previous owner has since invested more than 200K in the Park and beautified the land. There is a high demand for rental property in this town and the Park sits 3 miles from SFA University. Price is 1.5 million dollars firm and no owner financing is available.

You can also call Mike at 936-208-9820 for more information.