Mobile Home Park Investment Property

www.GlobalBX.com

Listing ID: 700174217

Listing Title: Mobile Home Park Investment Property

Quick Link: http://www.globalbx.com/listing.asp?bId=174217

Industry: Hotels and Holiday Accommodation

Industry Segment: Camping and Parks

Country: United States

State / Province: Texas

Area Central Texas

City: Dallas

Asking Price Range: $1.0M - $2.5M

Gross Revenues: $115,800

Cash Flow: $103,346

Cash Flow Type: EBITDA

Year Established: 1988

Number of Employees: 1 - 3

Business 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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