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

 

  Home
 Land/Acreage/Ranches/Timberland
 Residential Listings
  Commercial Property
  Commercial Lease Property
 Rental Listings
 Residential Lots
  Meet Our Professionals
 See What We've Sold