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Mobile Home Park Investment Property for Sale (10018)
GENERAL 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.
Lot Size: 15 Acres
PROPERTY USE TYPE: Mobile Home / RV Community
HIGHLIGHTS: Property Managment in Place; High Occupancy and Renter Demand; High Occupancy and Renter Demand