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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