Historical Multifamily Sale Listing - Cedar Hills Mobile Home Park 1 and 2.

Multifamily For Sale

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Cedar Hills Mobile Home Park 1 and 2.

3801 Pheasant street, Orange, TX 77630

N/A

95 Spaces | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Spaces:
95
Property Type:
Multifamily
Property Sub-type:
Mobile Home/RV Community
Property Use Type:
Investment
Cap Rate:
12%
Occupancy:
98%
Year Built:
1975
Lot Size:
12 AC
Listing ID
15860938
Last Updated
over 1 year ago

Highlights

  • PRICE REDUCTION
  • Very good on site management and maintenance
  • AREA hOUSING SHORTAGE
  • Call Randy Russell for detailed financials
  • Please do not contact any residents in the park.
  • Multi Billion Dallar Expantions Near By

Description

PRICE REDUCTION Cedar Hills MHP #1 and #2 consists of 95 spaces on approx. 12 acres of land. Cedar Hills MHP #1 has 71 spaces and Cedar Hills MHP#2 has 24 spaces.They are located approx. 5 blocks from each other.The lot rents are $ 160.00 per month.The Cap Rate of 12% is based on Acual Incme and Expenses. The water and sewer are provided by the city of Pinehurst,Sub metered.The roads are asphalt.The park has on site management,central mailbox area,no pool or club house and anarea housing shortage.Occupancy 98%. CALL OR E-MAIL BROKER FOR FINANCIALS.and pictures.NO PARK OWNED HOMES. SORRY NO OWNER FINANCING.

These two parks are within blocks of each other,located one mile south of HWY I-10 East, off of Martin Luther king Blvd.Take a left on Pheasant Ave;the park is on the right. Bordered on the south by the Gulf of Mexico and on the east ,by the Texas Louisiana border,the Golden Triangle region contains more than 2,200 square miles.Population and business activity is centered in Beaumont, Port Aurhur, Orange, the major cities of the golden triangle.

Map of 3801 Pheasant street, Orange, TX 77630 (Orange County)

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