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Cedar Hills Mobile Home Park 1 and 2.
3801 Pheasant street, Orange, TX 77630
95 Spaces | Multifamily
Multifamily Property - Off Market
- No. Spaces:
- Property Type:
- Property Sub-type:
- Mobile Home/ RV Community
- Property Use Type:
- Cap Rate:
- Year Built:
- Lot Size:
- 12 AC
- Listing ID
- Last Updated
- over 1 year ago
- 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
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.
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The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-BSO