This property is Off-Market

3801 Pheasant street
Orange, TX 77630 ·

95 Spaces · Multifamily For Sale

N/A

Print

Cedar Hills Mobile Home Park 1 and 2.

Price N/A Cap Rate 12%
No. Spaces 95 Occupancy 98%
Property Type Multifamily Year Built 1975
Property Sub-type Mobile Home/RV Community Lot Size 12 AC
Property Use Type Investment
Listing ID: 15860938 Date Created: 08/21/2008 Last Updated: 08/12/2010

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.

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

Research

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

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

Orange Market Trends - Asking price index trends, sale price trends, asking rent trends

Similar Listings

  • 1604 W Cherry Ave
    1604 W Cherry Ave

    Orange, TX 77630

    For Sale · $486,000

    17,100 SF Building

    Garden/Low-Rise

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

I am a place holder, please don't judge me!!! (no, I judge you!)