This property is Off-Market

4000 Ace Ln.
Lewisville, TX 75067 ·

1,034 Spaces · Multifamily For Sale

N/A

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Texas MHC Portfolio - Lewisville

Price N/A Property Sub-type Mobile Home/RV Community
No. Spaces 1,034 Property Use Type Investment
Property Type Multifamily Lot Size 158 AC
Listing ID: 16888564 Date Created: 10/28/2010 Last Updated: 08/30/2011

Description

Opportunity to purchase the Texas MHC Portfolio, consisting of six MH communities across Texas. Two of the properties are located in Lewisville, TX, Creekside and Northwood.

OFFERS DUE BY THURSDAY, NOV. 18.

Communities can be purchased individually or as a portfolio.

Sale includes communities, plus notes and park owned homes.

Attractive assumable debt.

All Age communities enjoy the City of Lewisville's lowest combined effective sales tax rate in the Dallas/Fort Worth Metroplex at 8.0%.

No Rent Control in Texas - rent increase planned for January 2011, as their leases roll over.

Over 20 higher education facilities nearby, such as the University of North Texas, Texas Woman's University, SMU, TCU and UTA.

With over 6.7 million square feet of retail and restaurant real estate, Lewisville has more shopping and dining space per capita than any other city its size or larger in the Dallas/Fort Worth region.

Close proximity to major retail centers from the Vista Ridge Mall (Macy's, Sears, Dillard's, Cinemark 15) and surrounding Vista Ridge Shopping district to historic Old Town.

More than three million square feet of office/industrial space and more new development in the pipeline, Lewisville provides a variety of attractive location options for new businesses.

Lewisville is bisected by Interstate Highway 35E (Stemmons Freeway), State Highway 121 and Farm-to-Market Roads 3040, 1171, 407 and 544 and is only 10 minutes from DFW International Airport.

In 2007 CNN Money ranked Lewisville as one of the Best Places to Live.

Research

4000 Ace Ln., Lewisville, TX 75067 (Denton County)

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

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

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