Contact Information
Mary Harrell
Mobile Home Park Details
- Price: $2,250,000
- Purchase Method: Cash, Seller Financing, Assumable Loan
- Listing ID: 6747933
- Posted On: Oct 14, 2024
- Updated On: Oct 14, 2024
Description
Happy Oaks Manufactured Home park is a stable park consisting of 33 mobile homes and 8 rv spots. Located on I-10 between Houston and San Antonio, The LAND VALUE is $1.5M. Hold this for further increase in land or keep it as a thriving mobile home park. All homes are park owned. Walmart recently bought land across highway.
Location
Alleyton, Texas is located between Austin and Houston as well as between San Antonio and Houston. Minutes from Columbus, TX with weekend farmer's market and quaint shops.
Amenities
- Laundromat
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Number of MH Lots: | 34 |
| Total Occupancy: | 85.0 % |
| Year Built: | 1998 |
| Average MH Lot Rent: | $300 |
| Size: | 7 acre(s) |
Financial Information (Actual)
| Gross Income: | $254,000 |
| Operating Expense: | $64,900 |
| Net Operating Income: | $189,000 |
| Expense Ratio: | 25.6 % |
| Debt Info: | Local Banker interested in working with new owner |
Lot Information
| Singlewide Lots: | 33 |
| Doublewide Lots: | 0 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
RV Information
| Number of RV Lots: | 8 |
| Average RV Lot Rent: | $450 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 33 |
| Average Rent for Park-owned Homes: | $475 |
