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

Similar Mobile Home Parks for Sale