Updated Dec 4, 2024
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:
- Property Type: Mobile Home
- Transaction Amount: Not Disclosed
- Market: Cleburne
- Brokers: Blake Eisenberg, Brad Dorsey, Edgar Martinez & Skyler Henderson - Marcus & Millichap
The identities of both the seller and the buyer in this transaction have not been revealed.
Players
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