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Browse More Listings in Multifamily For Sale, Houston, TX or Texas

Multifamily Property For Sale

Homestead Mobile Home Park

5800 Leedale St., Houston, TX 77016

Price:
$1,250,000
No. Spaces:
25
Building Size:
100,000 SF
Price/Space:
$50,000
Property Type:
Multifamily
Property Sub-type:
Mobile Home/ RV Community
Property Use Type:
Investment
Cap Rate:
12.40%
Occupancy:
100%
Year Built:
1980
Lot Size:
4 AC
Find Out More...

Last Verified 10/23/2009 Listing ID 14568630

Highlights

Park is "ready to go"
Excellent condition

Stays full

Description

25 spaces plus site built home. 23 Park owned homes that average about 5 years old are included. Homes are of good quality, in very good condition, with air conditioning. City water and sewer, paid by residents. Excellent concrete streets, concrete off street parking. Park is in excellent condition !! (I have seen it) Principals please. As always, I can refer you to some very good financing if you wish !!

Just off US Route 59 in a quiet location, but with easy access to anything.

Financial Summary

Actual
Scheduled Gross Income
$211,188
Operating Expenses
$75,860
Net Operating Income
$135,000

Map of 5800 Leedale St., Houston, TX 77016 (Harris County)

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Presented by

Mountain Valley Real Estate

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Contact Listing Broker

Jerre Snider (717) 762-9329

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Created 4/5/2006

Additional Information for 5800 Leedale Street, Houston, TX 77016

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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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.

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Multifamily Property For Sale - Homestead Mobile Home Park

5800 Leedale St., Houston, TX, 77016