Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan
- Listing ID: 549600
- Posted On: Jul 24, 2015
- Updated On: Feb 2, 2016
Description
All ages park with city water and city sewer, paved streets. Approximately 164 pads, although there have been 185 homes in the park in the past. It's one of the most beautiful parks in East Texas! Lots of nice trees and the park has 40 acres of ground. This is park with a history; you need to download the package at: www.westernequities.com to see the big picture. Feel free to call me, Randy Smith, at 503-320-3030. I am a licensed real estate broker, and I am one of the principles. I am acting as an owner and consultant, and not as a broker.
Amenities
- Laundromat
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
Community Type: | All Age |
Number of MH Lots: | 160 |
Total Occupancy: | 70.0 % |
Year Built: | 1970 |
Average MH Lot Rent: | $210 |
Size: | 40 acre(s) |
Financial Information (Actual)
Gross Income: | $435,402 |
Operating Expense: | $336,872 |
Net Operating Income: | $98,530 |
Expense Ratio: | 77.4 % |
Debt Info: | Possible owner carry |
Lot Information
Singlewide Lots: | 0 |
Doublewide Lots: | 160 |
Triplewide Lots: | 0 |
Park Model Lots: | 0 |
RV Information
Number of RV Lots: | 0 |
Utility Information
Water: | City |
Water Paid By: | Tenant - RUBs |
Sewer: | City |