Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 8.0%
- Listing ID: 686937
- Posted On: Jul 13, 2016
- Updated On: Sep 9, 2016
Description
Pinewood Manor MHP in Kountze Tx. (Hardin County) is located approx. 25 miles north of Beaumont on Hwy 69 North, at the Lumberton, Kountze border. The park consists of 50 spaces, on approx. 10 acres of land, and built in the 1980's. The water and sewer is provided by a MUD district, paid directly from the residents. There is no gas service, the streets are asphalt paving, in good condition.
The 3+ acres adjacent to the Park is for sale for $300,000.00.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
Community Type: | All Age |
Number of MH Lots: | 50 |
Total Occupancy: | 99.0 % |
Year Built: | 1980 |
Average MH Lot Rent: | $175 |
Size: | 10 acre(s) |
Financial Information (Actual)
Gross Income: | $128,975 |
Operating Expense: | $29 |
Net Operating Income: | $99 |
Expense Ratio: | 0.0 % |
Debt Info: | None |
Lot Information
Singlewide Lots: | 50 |
RV Information
Number of RV Lots: | 0 |
Average RV Lot Rent: | $0 |
Utility Information
Water: | City |
Water Paid By: | Tenant - Individual Service |
Sewer: | City |