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215 Weeks Road

Updated Dec 4, 2024

Marcus & Millichap Brokers Sale Of Hidden Oaks Mobile Home Park In Cleburne
SOLDMobile Home

Marcus & Millichap Brokers Sale Of Hidden Oaks Mobile Home Park In Cleburne

215 Weeks Road

Building Size

—

Asset Type

Mobile Home

Closing

Mar 12, 2024

About this deal

AI

Hidden Oaks Mobile Home Park, a 40-site property located at 215 Weeks Road in Cleburne, TX, was recently sold. The sale was brokered by Marcus & Millichap with brokers Skyler Henderson, Brad Dorsey, Edgar Martinez, and Blake Eisenberg facilitating the transaction.

Summary of transaction details:

The identities of both the seller and the buyer in this transaction have not been revealed.

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Mobile Home

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Players

Brad Dorsey

Marcus & Millichap

Broker

8 deals

Broker
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Cleburne Mobile Home Market Snapshot

Boundary boundary · Mobile Home · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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