608 Hayman Street
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: | 608 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. |
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Income & Expense Proforma
| INCOME | |
| Unit 1 - 3/1.5 - $525/mo. Unit 2 - 2/1 - $450/mo. Unit 3 - 3/1 - $525/mo. Unit 4 - 3/2 - $550/mo. Unit 5 - 2/2 - $490/mo. Unit 6 - 3/2 - $525/mo. Unit 7 - 2/1 - $433/mo. Unit 8 - 2/1 - $470/mo. Unit 9 - 2/1 - $465/mo. |
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| Total Annual Income: Vacancy (5%) Based on Overall Market: GROSS INCOME: |
$ 51,196.00 - $ 2,659.00 $ 50,537.00 |
| EXPENSES | |
| Taxes: Insurance: Management (8%): Maintenance (5%): Utilities: TOTAL EXPENSES: |
$ 3,170.00 $ 2,109.00 $ 4,042.00 $ 3,500.00 $ 3,000.00 $ 15,821.00 |
| NET OPERATING INCOME | $ 34,716.00 |
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