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Tall Cedars Mobile Home Park Granbury, TX

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Mobile Home Park Details

  • Purchase Method: Cash, Seller Financing, New Loan
  • Listing ID: 6704962
  • Posted On: Aug 25, 2024
  • Updated On: Nov 17, 2024

Description

For Sale: Mobile Home Park in Granbury, Texas. Price: $1,200,000 Contact: 817-776-7760 This beautiful Mobile Home Park, set on 10.137 treed acres, offers 12 spacious doublewide homes, each featuring 3 bedrooms and 2 baths. Every home includes its own storage shed, large yard, and septic system. The property also has an RV space and storage trailer with room for several additional units, and a play area for children. Owner financing is available with a substantial down payment. Don’t miss this investment opportunity

Location

https://www.google.com/maps/place/3910+Tall+Cedars+Cir,+Granbury,+TX+76048

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Park Information

Community Type: All Age
Total Occupancy: 90.0 %
Year Built: 2000
Average MH Lot Rent: $1,550
Size: 10 acre(s)

Financial Information (Actual)

Gross Income: $223,200
Operating Expense: $62,500
Net Operating Income: $160,700
Expense Ratio: 28.0 %

Lot Information

Singlewide Lots: 0
Doublewide Lots: 12
Triplewide Lots: 0
Park Model Lots: 0

RV Information

Number of RV Lots: 1
Average RV Lot Rent: $600

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 12
Average Rent for Park-owned Homes: $1,550

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