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Updated about 9 years ago,

User Stats

30
Posts
3
Votes
Clyde Myers Jr
  • Investor
  • Conroe/Willis Houston Metro, TX
3
Votes |
30
Posts

Evaluating Mobile Home Park just north of Houston

Clyde Myers Jr
  • Investor
  • Conroe/Willis Houston Metro, TX
Posted

Found a MHP just north of Houston and it looks like a deal.  9-space park, city water/sewer, 4 units are park owned @ $680 each, 4 are tenant owned @ $175 each, 1 needs full remodel and is park owned and vacant but salvageable.

$125,000

3 of the park owned were just placed on site and are therefore empty but available for rent as of last week.

Any thoughts?

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