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516 Ave F, Burkburnett, TX 76354
0 Beds
0 Baths
n/a sqft

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This is a 24 lot MOBILE HOME PARK park sitting on approx. 3.5 acres. Each tenant pays all their own utilities decreasing out of pocket expenses. All city utilities no septic! Each unit is fenced for the tenant. Good mix of lot rent and park owned. Current owners have turned over a lot of the non-payers and have majorly cleaned up the grounds of the MHP! 8 Are lots that are rented for $200 each. 6 MH have been updated and renting for an average of $550. 2 MH are currently rented for $375 and $400 that could be updated. 1 Single Family Home that rents for $600 at the entrance. 7 MH that need work and are currently vacant. Cap Rate As-Is 11.39% Cap Rate as proposed 22.53%
  • Price:
  • $395,000
  • Acreage:
  • 3.50
  • Year Built:
  • 9999
  • Listing ID #:
  • 14165852
  • Street Address:
  • 516 Ave F
  • City:
  • Burkburnett
  • State:
  • Texas
  • Postal Code:
  • 76354
  • County:
  • Wichita
  • Community:
  • Wichita County (93)
  • Subdivision:
  • Outer Blks
  • Listing Status:
  • Pending
2
out of 5

Burkburnett High School
Public
9-12
895 students
11 student/
teacher
  • Interior Features:
  • High Speed Internet Available
  • Number Of Units:
  • 24
  • Stories:
  • 1
  • Total # Of Buildings:
  • 24
  • Year Built:
  • 9999
  • Annual Insurance Expenses:
  • 4000
  • Lot Features:
  • Acreage, Interior Lot, Landscaped, Some Trees, Subdivision
  • Lot Number:
  • 24-26
  • Lot Size Units:
  • Acres
  • Financing Options:
  • Cash, Conventional, Other
  • Fence:
  • Chain Link
  • Parking Description:
  • Common Lot, Open And Unassigned Garage, Unassigned Spaces
  • Parking Spaces:
  • 48
  • Heating Fuel:
  • Other, Window Unit
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo
  • Listing Provided By Katie Apperson of Real Estate Reformation
  • Our online database includes ALL Dallas-Fort Worth area properties listed with the North Texas MLS. Property data is courtesy of the North Texas Real Estate Information Systems (NTREIS) multiple listing service. NTREIS
  • Schools information provided by ATTOM

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