
808
Hayman
Hayman Street
Mobile Home Park

| LEGAL: |
Lot 48, being 1.2 acres, more or less, situated in the E.
Davids Survey. A-3000, Huntsville, Walker County, Texas |
| LOCATION: |
808 Hayman, Huntsville, Texas 77340 |
| ROAD/STREET: |
Frontage on Hayman Street |
| IMPROVEMENTS: |
6 - Single-wide mobile homes
1 - Double-wide mobile home
2 - Frame houses with pier and beam foundations, metal roofs, vinyl siding,
and window unit air-conditioning |
| UTILITIES: |
Water, Sewer, Garbage- City of Huntsville
Gas- Centerpoint Entergy
Telephone- AT&T
Cable- Sudden Link |
| PRICE: |
$279,000 |
| TERMS: |
Cash to seller |
| COMMENTS: |
Seven unit mobile home park with two 2/1 frame houses. The
park has an asphalt street and all city utilities. |
| CONTACT: |
John Paul Lampson
HomeLand Properties, Inc.
1600 Normal Park
Huntsville, TX 77340
936-295-2500 Office
936-295-9574 Fax
www.homelandproperties.com
E-mail:
jplampson@homelandprop.com |
|
*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. |
Income and Expense
Proforma
INCOME
| |
Unit 1 - 3/1.5 - $500/mo.
Unit 2 -
2/1 - $450/mo.
Unit 3 -
3/1 - $500/mo.
Unit 4 -
3/2 - $550/mo.
Unit 5 -
2/2 - $485/mo.
Unit 6 -
3/2 - $500/mo.
Unit 7 -
2/1 - $380/mo.
Unit 8 -
2/1 - $450/mo.
Unit 9 -
2/1 - $450/mo. |
|
| |
Total Annual Income:
Vacancy (5%) Based on Overall Market:
GROSS INCOME: |
$ 51,180.00
- $ 2,559.00
$ 48,621.00 |
EXPENSES
| |
Taxes:
Insurance:
Management (8%):
Maintenance (5%):
Utilities:
TOTAL EXPENSES: |
$ 3,403.00
$ 1,715.00
$ 3,890.00
$ 2,431.00
$ 9,222.00
$
20,661.00 |
NET OPERATING INCOME
$ 27,960.00
Plat

Pictures




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