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Central Area Mobile Home Park

329 Chelsea - El Paso, TX 79905
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$460,000

Central area mobile home park. Located on Chelsea just off I-10 near University Medical Center. The park is fully occupied and is zoned as part of UMC's SCZ (smart code zone)

            

Property Highlights

· Lots - 19 spaces

· Rents - Avg. $310 per mo.

· Total Income -$5,870 mo - $70,440 annual

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· Expenses: Owner pays

     - Electricity:             $30 mo -    $360 annual

     - Water:          $700 mo - $8,400 annual

     - Gas:              $500 mo - $3,000 winter months

                               $300 mo - $1,800 summer months

     - Waste:          $195 mo -   $2,340 annual

     - Yard Maint: $250 mo -  $3,000 annual

     - Taxes:                                  $4,627 annual

TOTAL:                $1,975 mo - $15,900 annual

 

· NOI - $46,913 / 10.4%

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