34530 US-96, Buna, TX 77612

Commercial / 0 Bedroom(s)

Property Status:  Pending | $665,000.00 | 


Property Photos
34530 US-96 (Image - 1)


Mobile Home Park with a Duplex and 4 Cottages!


Property Status:
Pending | $665,000.00
Property Details:
Commercial / 0 BR
Property Style:
Mobile Home
Basement:
No Basement
Owner / Agent:
Individual Owner
Property Features:
No Property Features Listed.
Contact Info
We Offer Options INC
(801) 865-4167

View on Individual's Website
Property Description:
34530 U.S. 96, Buna, TX 77612

Purchase price - $665,000

The park is generating $7,520 a month right now!!                Possible Income $11,500!!!!

Annual expenses is $15,000 or about 17% super low.

Current NOI: $6,240

Current Cap Rate: 10.6%           Possible Cap Rate:15.34%

4.18 acres mobile home park with 15 trailer spots, 3 RV spots, 4 cottages, and one 1/1 duplex.

A total of 23 units, All separate electricity meters, water, and sewer are connected to the city network,

Terms – Cash, Private or Hard Money

All 23 units have Full Hook-Ups Include Water, Sewer, Electric, Trash
Pick-Up, the tenants are responsible to pay all utilities.( more cash flow to you)

AWESOME ON-SITE MANAGER! WILLING TO STAY ON TO MANAGE THIS PROPERTY FOR YOU! SHE RUNS THE PARK LIKE SHE OWNS IT!

Value Add opportunity: filling out the empty units that will increase to income to be around $11,500.


LINK TO PHOTOS: drive.google.com/drive/folders/1kKlqT7HU77KlFPY4L-7wwv8oF7ULBCJE?usp=sharing

Legal Disclaimer:
Utah Real Estate Investors Association is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.

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