Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 8.0%
  • Listing ID: 6676214
  • Posted On: Jul 24, 2024
  • Updated On: Jul 29, 2024

Description

6 Acres
Built in 2018
63 Total RV Lots
Clubhouse
On-Site Laundry Facility
Park Features:
High-Tech Connectivity & Security:
- Extremely advanced security camera system accessible from anywhere.
- Software for the new owner to manage the campground remotely.
- Dedicated fiber optic line to the office and street lights.
- WiFi hubs on each pole provide excellent WiFi for all tenants.
Office Amenities:
- Very nice office with a coffee station for tenants to enjoy.
Bathrooms:
- Three individual bathrooms with spacious showers.
- Two large commercial-grade tankless water heaters ensure tenants never run out of hot water.
Laundry Facilities:
- Six Large washer and Dry room with coin-operated commercial-grade Whirlpool washers and Dry.
Premium sites have concrete pads.
- Luxury sites have oversized concrete pads.
- Metered pedestals offering 50/30/110 on all sites.
Recreational Features:.
- Dog park with benches and dog bag station.
-Laundry House
-Shower House
Utilities:
- City Sewer.
- City water with a looped 4"& 2" water line throughout the park.

Location

Contact 409 284 6626

Amenities

  • Laundromat
  • Club House
  • Storage
  • 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: 63
Total Occupancy: 90.0 %
Year Built: 2018
Average MH Lot Rent: $585
Size: 13 acre(s)

Financial Information (Actual)

Gross Income: $462,235
Operating Expense: $174,000
Net Operating Income: $288,000
Expense Ratio: 37.6 %

RV Information

Number of RV Lots: 63
Average RV Lot Rent: $585

Utility Information

Water: City
Water Paid By: Park
Sewer: City

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