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Mobile Home Park Investment Property

Location  Dallas, Texas, United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $115800
Net Profit / Cash Flow  $103346
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  1988
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned
Reason for Sale  Retirement

Description  
Fantastic Trailer Park Community Investment Property located in Waxahachie! This sale included 24 rentable units that are dispersed over five ~3 acre lots. This sale includes 19 mobile homes, 2 pre-fab constructed homes, one 2 unit brick duplex, and a vacant shop/warehouse. There is also ample covered parking and shelter for many of the trailers. The units are 100% occupied and there is high demand in the local area for filling vacancies. Property manager lives on site and will take care of leasing and maintenance. Priced at over a 9% cap rate with absentee owner involvement.


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