113-115-217-221 Busch St, Houston, TX 77060 113 Busch St 19 Unit Mobile Home Park $1,600,000 ($84,211/Unit) 11.56% Cap Rate Houston, TX 77060

INVESTMENT HIGHLIGHTS

  • This Mobile home property is located on one of the fastest growing communities in the Houston area.

EXECUTIVE SUMMARY

This Mobile Home park with 19 mobile homes and one home.
113-115(1,2,3,4,5) Busch St. property account information: 0 82  This Lot has 5 income producing tenants. Lots 82 & 83 Blk 2.
217(Home)and 217(A-B)Busch St, This lot has 3 income producing tenants( lot 88).
221(2-7) Busch St. and 223,225.227.229 Busch St, This Lot has 12 income producing Tenant( lot 89,90 & 91) .
Busch St crosses Airline St, 77060, minutes from I-45. Northfield Place subdivision.

FINANCIAL SUMMARY (ACTUAL - 2022) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

PROPERTY FACTS

Price $1,600,000
Price Per Unit $84,211
Sale Type Investment
Cap Rate 11.56%
No. Units 19
Property Type Multifamily
Property Subtype
Manufactured Housing/Mobile Home
  • Multifamily Apartments
Apartment Style Single-Family Home
Building Class B
Lot Size 1.95 AC
Building Size 3,927 SF
Average Occupancy 100%
No. Stories 1
Year Built 1950
Parking Ratio 3.57/1,000 SF
  • Listing ID: 28497964

  • Date on Market: 5/16/2023

  • Last Updated:

  • Address: 113 Busch St, Houston, TX 77060