000 Culver Rd - Manufactured Housing/Mobile Housing FOR SALE


Victoria, TX 77905
$2,500,000 USD
361-550-3798
000 Culver Rd, Victoria, TX for Sale
$2,500,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/19
null | 11.76% Cap Rate

000 Culver Rd
Victoria, TX 77905


HIGHLIGHTS

  • Well Established Mobile Home Park.
  • 10.69% CAP RATE for year 2024
  • All lots fenced with a storage building.
  • 40 sites on 10 acres of land.

OVERVIEW

Here is your chance to own a very well established Mobile Home Park in Victoria, TX. The Halepaska Mobile Home Park consists of 40 sites on 10 acres of land that is located outside of Victoria City Limits but in the ETJ. This park has a proven track record of being a premier money-making park. Park has a 100% occupancy with a waiting list!! Seller also has 12 owner financed mobile homes that will convey to the buyer. This park consists of a TCEQ approved Licensed Water and Sewer system. All lots are fenced with a storage building. You will be able to see the pride of ownership and how well this park has been managed over the years. Currently for year 2024 park is running a 10.69 CAP Rate!! OWNERS ARE WILLING TO ENTERTAIN PARTIAL FINANCING !!! There is 10 additional acres available for $200,000 for future expansion to take this park from 40 sites to 77 sites. This additional 10 acres is not included in the listing price.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$63 USD /SF

# OF UNITS

40

PRICE/UNIT

$62,500

CAP RATE

11.76%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

PARKING SPACES

-

LAND DETAILS

LAND ACRES

10 AC

LAND SF

435,600 SF

ZONING

-

APN/PARCEL ID

00870-000-31705

ASK ABOUT THIS PROPERTY

Melvin ChaloupkaRE/MAX Land and HomesMore Info
361-550-3798

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Melvin ChaloupkaRE/MAX Land and HomesMore Info
361-550-3798

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.