000 TBD - Manufactured Housing/Mobile Housing FOR SALE


Kerrville, TX 78028
$985,000 USD
512-517-2691
000 TBD, Kerrville, TX for Sale
$985,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/52
null | 7.59% Cap Rate

000 TBD
Kerrville, TX 78028


HIGHLIGHTS

  • Immaculate 10 Acres, Mobile Home /Multi-family Community with 5 units and expansion opportunity
  • Multiple options for investors or owner/operator; outside of the city limits and ETJ
  • Gross revenue $84,640; 2024 taxes were $3,484 and insurance is $3,800
  • Private fenced yards and car ports, all positioned to take advantage of the views and mature trees for ultimate enjoyment and privacy
  • Interior road system and wet weather creek and pond
  • Seller may consider owner financing with qualified buyer and 20% down payment; all terms are negotiable.

OVERVIEW

INVESTMENT OPPORTUNITY Deer Haven - Mobile Home Community - Kerrville, Texas 10 Acres | Kerrville South | Kerr County ________________________________________ We are pleased to present an exceptional investment opportunity featuring a fully occupied mobile home community in “Kerrville South,” located in Kerrville, Kerr County, Texas. This turnkey investment offers immediate cash flow with strong fundamentals and a proven rental history. Seller financing may be available for qualified buyers. FINANCIAL HIGHLIGHTS • Gross Revenue: $84,640 • Fixed Expenses: o Taxes: $3,484 (2024) o Insurance: $3,800 • Picturesque hill country setting with 5 mobile home units included (5,192 sq ft total) • Private fenced yards and car ports, all positioned to take advantage of the views and mature trees for ultimate enjoyment and privacy • 2,500-gallon water storage tank with booster pump • Interior gravel road system • Wet weather creek and pond • 18x30 metal workshop included; tractors, equipment and supplies may be purchased with separate offer for non-realty items • OCL Zoning - No restrictions • Seller financing option available for qualified buyers LOCATION ADVANTAGES • Kerrville South, located in Kerrville, Kerr County, Texas 78028 - Growing Hill Country market • Population: 54,027 with 96% employment rate • Median household income: $68,895 • Strong demand for affordable workforce housing EXPANSION POTENTIAL • Significant underdeveloped land on 10-acre site • Potential for additional units • Existing infrastructure supports growth INVESTMENT STRENGTHS ? Above-market cap rate in stable market ? Low maintenance mobile home community ? Established tenant base with regular rent increases ? Diversified income from 5 separate units ? Well managed by owner ? Water-secure with centralized well and access to a public water supply with Texas Utilities (administrative fees, hook-up fees and infrastructure costs may apply) IDEAL FOR: • Investors seeking steady cash flow with growth potential • Long-term hold strategy with 3-5 year expansion timeline • Seller financing option may be available for qualified buyers ________________________________________ Strong fundamentals meet expansion opportunity in Texas Hill Country This represents a rare chance to acquire a cash-flowing mobile home community with significant development upside in a growing market. Contact for additional information and due diligence materials

FOR SALE DETAILS

PRICE

$985,000 USD

PRICE/SF

$190 USD /SF

# OF UNITS

5

PRICE/UNIT

$197,000

CAP RATE

7.59%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Deer Haven

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

PARKING SPACES

-

LAND DETAILS

LAND ACRES

10.15 AC

LAND SF

442,124 SF

ZONING

OCL

APN/PARCEL ID

R37032

ASK ABOUT THIS PROPERTY

Teresa Bailey-WeirichBrowning Commercial Real EstateMore Info
512-517-2691

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Teresa Bailey-WeirichBrowning Commercial Real EstateMore Info
512-517-2691

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.