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401 Decatur Street
Bowie, TX 76230
Asking Price
$732K
Asset Type
Retail
Class
Class B
What's Special
14 Site MH Community in Bowie, TX <ul><li><span style="color: rgba(48,48,48,var(--O42jJQ,1))">High Occupancy Community – Approximately 86% occupied with 12 occupied sites, providing stable in-place cash flow from day one.</span></li><li><span style="color: rgba(48,48,48,var(--O42jJQ,1))">Immediate Rent Growth Opportunity – Average lot rents of approximately $365/month are projected to increase to $447/month by Year 3.</span></li><li><span style="color: rgba(48,48,48,var(--O42jJQ,1))">Projected Revenue Growth - Annual revenue
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NOI
$80,000
Cap Rate
10.93%
DSCR
1.84
Strong
Cash-on-Cash
16.64%
Monthly Payment
$3,621.537
Annual Cash Flow
$36,541.561
