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WOODY'S MOBILE HOME PARK 113 N Clegg St 16 Unit Mobile Home Park $685,000 ($42,813/Unit) Trinity, TX 75862

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Executive Summary

THIS IS A MOBILE HOME PARK IN TRINITY, TEXAS SITUATED ON 1.77 ACRES AND 17 TRAILER LOTS. EACH TENANT PAYS THEIR OWN WATER, SEWER, ELECTRICITY AND THE LANDLORD HAS A CENTRALLY LOCATED DUMPSTER. THE RENTS RUN FROM $600 TO $900 PER MONTH WITH ANY VACANT LOTS ARE $250 PER MONTH. ALL CITY UTILITIES ARE TO THE PROPERTY. CURRENT ANNUAL GROSS INCOME IS $97,200. TENANT MIX IS PREDOMINANTLY LOCAL BLUE-COLLAR EMPLOYEES. LOCATED WALKING DISTANCE TO THE GROCERY STORE AND OTHER LIKE FACILITIES. THERE IS A STORAGE BARN ON PROPERTY FOR TOOLS, MOWERS, ETC. THE FOLLOWING IS RENTAL DESCRIPTION ON EACH LOT.

WOODY TRAILER PARK

Property Facts

Price	$685,000	Building Class	C
Price Per Unit	$42,813	Lot Size	1.78 AC
Sale Type	Investment	Building Size	10,000 SF
Sale Conditions	1031 Exchange Business Value Included Deferred Maintenance	No. Stories	1
No. Units	16	Year Built	1969
Property Type	Multifamily	Parking Ratio	5.3/1,000 SF
Property Subtype	Manufactured Housing/Mobile Home	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$685,000
Price Per Unit	$42,813
Sale Type	Investment
Sale Conditions	1031 Exchange Business Value Included Deferred Maintenance
No. Units	16
Property Type	Multifamily
Property Subtype	Manufactured Housing/Mobile Home
Building Class	C
Lot Size	1.78 AC
Building Size	10,000 SF
No. Stories	1
Year Built	1969
Parking Ratio	5.3/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.