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Updated about 9 years ago,
Evaluating Mobile Home Park just north of Houston
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?