Back

1 of 14

2 of 14

3 of 14

4 of 14

5 of 14

6 of 14

7 of 14

8 of 14

9 of 14

10 of 14

11 of 14

12 of 14

13 of 14

14 of 14

455 W Davis Loop
Vidor, TX 77662

$1,425,000 USD

Manufactured Housing Mobile Home Park For Sale • 20,000 SF

Property Details

Property Type Manufactured Housing Mobile Home Park
Total Building Size 20,000 SF
Lot Size 1.99 AC
Building Class C
Year Built 2005
Cap Rate 12.15 %
Zoning MHP

0 Transit Score

29 Walk Score

Description

Low-maintenance 17-unit mobile home park, very high demand and rarely any vacancy. Park completely updated, electric replaced with individually metered units. New water and sewer lines installed, all city utilities. Several corporate tenants, new Chevron-Phillips facility underway predicted to create 4,500 jobs. This market area highly favors park owned homes, with vacancies usually filled within hours of advertising, while tenant owned home parks often struggle.

                
                    Highlights
                
                                All City Utilities, Individually Metered Electric
                            
                                High Corporate Demand
                            
                                Very Low Maintenance
                            
                                Electrical, Water & Sewer Completely Replaced

Property Flyers

455 W Davis Loop Flyer

Financial Summary (Actual)

Net Operating Income: $173,085 USD (2023)

Cap Rate:	12.15 %
Total Expenses:	$64,995 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
Beaumont Amtrak (Sunset Limited - Amtrak)	13 min	-	9.2 mi

Jacob Hebert 936-520-3050 The Home Branch

455 W Davis Loop Vidor, TX 77662