101 County Road 2341 - Multi-Family FOR SALE


Dayton, TX 77535
$280,000 USD
713-742-3624
101 County Road 2341, Dayton, TX for Sale
$280,000 USD
Multi-Family - FOR SALE
1/28
null | 8.26% Cap Rate

101 County Road 2341
Dayton, TX 77535


HIGHLIGHTS

  • New AC
  • Easy to Rent
  • Turn Key

OVERVIEW

This sale features two rented mobile homes on 1.5 acres in Dayton Texas. Each home is rented out at $1,400 per month on a one year lease term. Home 1 is a 4/2 built in 2010 with 1,330 square feet. It was fully remodeled in 2023 and had a new metal roof put on in 2024. It includes a large covered front porch, new aerobic septic system in 2023, and new AC system in 2024. Home 2 is a 3/2 built in 1999 with 1,216 square feet. It is in excellent condition with a metal roof. It also includes a large covered front porch, new aerobic septic system in 2024, and new ac condenser in 2024. The Dayton rental market is extremely tight and vacancies fill within 1 month. Rent can be raised on Home 1 next year. Home 2 is at market. Landlord pays water for the property, which runs about $100 per month. Each home is separately metered and the tenants pay their own electricity.

FOR SALE DETAILS

PRICE

$280,000 USD

PRICE/SF

$112 USD /SF

# OF UNITS

2

PRICE/UNIT

$140,000

CAP RATE

8.26%

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

101/109 County Road 2341

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2010

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.51 AC

LAND SF

65,776 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Joseph FrostJoseph FrostMore Info
713-742-3624

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Joseph FrostJoseph FrostMore Info
713-742-3624

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