455 W Davis Loop - Manufactured Housing/Mobile Housing FOR SALE


Vidor, TX 77662
$1,425,000 USD
936-520-3050
455 W Davis Loop, Vidor, TX for Sale
$1,425,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/14
null | 12.15% Cap Rate

455 W Davis Loop
Vidor, TX 77662


HIGHLIGHTS

  • All City Utilities, Individually Metered Electric
  • High Corporate Demand
  • Very Low Maintenance
  • Electrical, Water & Sewer Completely Replaced

OVERVIEW

Low-maintenance 17-unit mobile home park, very high demand and rarely any vacancy. Park completely updated, electric replaced with individually metered units. New water and sewer lines installed, all city utilities. Several corporate tenants, new Chevron-Phillips facility underway predicted to create 4,500 jobs. This market area highly favors park owned homes, with vacancies usually filled within hours of advertising, while tenant owned home parks often struggle. Owner financing available with substantial down payment.

FOR SALE DETAILS

PRICE

$1,425,000 USD

PRICE/SF

$71 USD /SF

# OF UNITS

17

PRICE/UNIT

$83,824

CAP RATE

12.15%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ameron Estates Mobile Home Park

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.99 AC

LAND SF

86,684 SF

ZONING

MHP

APN/PARCEL ID

000003-031501

ASK ABOUT THIS PROPERTY

Jacob HebertThe Home BranchMore Info
936-520-3050

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Jacob HebertThe Home BranchMore Info
936-520-3050

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