Westgate Mobile Home Park
Multi-Family
for Sale
Sale Pending
| Catylist Listing ID: |
30721646 |
| Property Subtypes: |
Mobile Home Park
|
| Status: |
Pending |
| Number of Units: |
60 Units |
| Building Size (RSF): |
43,560 SF |
| Gross Building Area: |
See Agent |
| Gross Land Area: |
7.42 Acres
|
| Sale Price: |
$1,630,000 |
| Unit Price: |
$27,166.67 Per Unit |
| Property Use Type: |
Investment |
| Sale Terms: |
Owner Financing |
| Cap Rate: |
Undisclosed |
| Last Updated: |
7/29/2021 |
Overview / Comments
|
Opportunity to own a higher end mobile home park with value add upside in selling notes and rentals.
|
Additional Details
| Nearest MSA: |
Lubbock |
| County: |
Lubbock |
| Tax ID/APN: |
R301508 |
| Property Located Between: |
Located west of Lubbock near Reese Center just off the southeast corner of 19th and Reese Center Blvd. Site is 7.42 acres with an additional adjacent 0.97 acre available. |
| Total Number of Buildings: |
60 |
| Property Condition: |
Good |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
7,931 |
38,036 |
| Median Age: |
32.74 |
30.98 |
| Households: |
2,715 |
14,952 |
|
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