Sleepy Hollow
Mobile Home Park
(1608 HWY 75
North)
| LOCATION: |
1608 Hwy 75 North |
| LEGAL: |
Tract 34 H Crabb Survey, A-15, Huntsville, TX |
| SIZE: |
5.747 Acres |
| UTILITIES: |
Electricity- Mid South Synergy, Water-Walker Co. Special
Utility List, Sewer-Septic |
| PRICE: |
$199,900
SALE PENDING! |
| CONTACT: |
|
|
*The information contained herein is from sources deemed
reliable but is not guaranteed by HomeLand Properties, Inc. The offerings
are subject to change in price, errors, omissions, prior sales or withdrawal
without notice. Acreage size and dimensions are approximate.
Licensed co-brokers are welcome to show this property by
advance appointment and will receive a co-broker fee if the co-broker
accompanies their buyer from the first showing to the closing of a sale. |
Improvements
Sleepy Hollow Mobile Home Park
1608 State Hwy 75 North
Tract 34, H Crabb Survey, A-15
Huntsville, TX 77340 |
|
2 miles north of Huntsville on busy Hwy 75 North. |
|
Includes:
5.747 Acres
582.27' of frontage on Hwy 75 North
Mobile Home Park
-
10 mobile home spaces total
- 5 spaces leased
- 5 mobile homes leased
-
Includes the following 5 mobile homes
- 1982 14'x76' River Oaks 3 BR 2 BA single-wide fully refurbished 2005
(E)
- 1997 28'x60' Patriot 3 BR 2 BA double-wide new vinyl flooring, porch
2003 (I)
- 1998 16'x76' Redman 3 BR 2 BA single-wide new carpet, vinyl, paint
2003 (J)
- 1999 16'x86' American Homestar 3 BR 2 BA single-wide new carpet, vinyl
2003 (B)
- 2001 16'x76' Fleetwood 3 BR 2 BA single-wide (A)
-
Small storage building
-
Conventional septic system
-
$2,500/yr. Fireworks lease income
|
Income/Expenses
Sleep Hollow Mobile Home
Park
|
Income |
|
Unit |
AT&T # |
Property Description |
Monthly Income |
Annual Income |
|
A |
1 |
2001 3/2
Fleetwood 16'x76' single wide MH Rental Unit |
$600.00 |
$7,200.00 |
|
B |
10 |
1999 3.2
American Homestar 16'x86' single wide MH Rental Unit |
$675.00 |
$8,100.00 |
|
C |
2 |
MH Space
Rental |
$185.00 |
$2,200.00 |
|
D |
9 |
MH Space
Rental |
$185.00 |
$2,200.00 |
|
E |
3 |
1982 3/2
River Oaks 14'x76' MH Rental Unit |
$550.00 |
$6,600.00 |
|
F |
8 |
MH Space
Rental |
$185.00 |
$2,200.00 |
|
G |
4 |
MH Space
Rental |
$185.00 |
$2,200.00 |
|
H |
7 |
MH Space
Rental |
$185.00 |
$2,200.00 |
|
I |
5 |
1997
3/2 Patriot 28'x60' double wide MH Rental Unit |
$750.00 |
$9,000.00 |
|
J |
6 |
1998 3/2
Redman 16'x76' single wide MH Rental Unit |
$600.00 |
$7,200.00 |
| |
|
Total
Mobile Home Park Income |
$4,100.00 |
$49,200.00 |
|
|
|
Income
Adjusted for 10% Vacancy |
$3,690.00 |
$44,280.00 |
|
|
|
Income
From Fireworks Lease ($1,250/season) |
$208.33 |
$2,500.00 |
| |
|
Total
Income |
$3,898.33 |
$46,780.00 |
|
|
|
|
|
|
|
Expenses |
| |
Monthly
Expenses |
Annual
Expenses |
|
Water |
$350.00 |
$4,200.00 |
|
Garbage |
$153.00 |
$1,836.00 |
|
Management Fees (10% of Adjusted Income) |
$369.00 |
$4,428.00 |
|
Taxes |
$240.75 |
$2,889.00 |
|
Insurance |
$191.25 |
$2,295.00 |
|
Maintenance |
$100.00 |
$1,200.00 |
|
Total Expenses |
$1,404.00 |
$16,848.00 |
|
|
|
|
|
Net Income: |
$2,494.33 |
$29,932.00 |
Pictures
Plat
Map
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