Sheridan Mobile Home Park

Multi-Family for Sale
Catylist Listing ID: 30331397
Property Subtypes: Mobile Home Park
Number of Units: 67 Units
Building Size (RSF): 1,752 SF
Gross Land Area: 5.46 Acres
Sale Price: $2,900,000
Unit Price: $43,283.58 Per Unit
Property Use Type: Investment
Building Name: Sheridan Mobile Home Park
Sale Terms: Cash to Seller, Owner Financing, Sale/Leaseback
Cap Rate: 8.28%
Last Updated: 2/26/2019

Overview / Comments

This is an excellent income property fronting Gateway Boulevard North, US 54 (Patriot Freeway), Dyer Street, and located on two corners. This mobile home park can also be redeveloped into a larger project for big box retail, or entertainment since the property lies on a highly trafficked corner and sits on 5+ acres. This property currently has 67 mobile homes spaces, and 32 mobile homes and generates about $250,000.00 yearly.

Additional Details

Nearest MSA: El Paso
County: El Paso
Tax ID/APN: S917-999-002E-2800, 000000349375, S917-999-002E-3100, 000000013479
Zoning: C-4
Community Amenities: On-Site Maintenance
Site Description: Video of the Property: Marketing Video:
Area Description: -Yearly Taxes: $7,100.00 -Total Land: 5.46 Acres -Zoned: C-4 -32 Privately Owned Mobile Homes -US 54 Frontage with 2 Corner Lots
Property Condition: Good
Number of Stories: 2
Year Built: 1959
Roof Type: Gable
Construction/Siding: Stucco
Legal Description: SUNRISE ACRES #2 E 55 FT OF S 120 FT OF 122 & SUNRISE ACRES #2 117 TO 121 & W 102.8 FT OF 122 & N 156 FT OF E 55 FT OF 122 (231091 SQ FT)

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 19,768 72,413 192,626
Median Age: 27.75 30.96 33.97
Households: 6,369 23,741 67,258


Photograph of Listing Agent

Juan Uribe

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