146 County Road 329 - Manufactured Housing/Mobile Housing FOR SALE


Kenedy, TX 78119
$1,316,713 USD
512-535-0262
146 County Road 329, Kenedy, TX for Sale
$1,316,713 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/10
null | 11% Cap Rate

146 County Road 329
Kenedy, TX 78119


HIGHLIGHTS

  • 146 Country Road 329 presents a turnkey operation of six buildings with 21 beds/ rentals for corporate housing.
  • Cash flow as seen by the 11% cap rate with value-add via 5 acres left to build on plus two storage units for the property.
  • Nestled in a quiet, peaceful, park-like setting and includes patio furniture, provided BBQ grills, cleaning service, and other built-in amenities.
  • Well maintained property with completely furnished units including washer and dryers, and tv, internet, and cable.

OVERVIEW

Resolute RE proudly presents the income-generating corporate housing asset at 146 CR-329 in Kenedy, Texas, to the market as a stabilized investment opportunity. Sprawling 8.93 acres at the northeast quarter of Country Road 329 and Country Road 330. The site is improved by six buildings offering 21 beds/ rentals, currently 81% occupied and generating a cap rate of 11%. There is one storage shed on-site, as well as utilities. This is a turnkey operation for an investor looking to expand their portfolio and acquire a hands-off asset.

FOR SALE DETAILS

PRICE

$1,316,713 USD

PRICE/SF

$132 USD /SF

# OF UNITS

21

PRICE/UNIT

$62,701

CAP RATE

11%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Corporate Housing Asset

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2012

PARKING SPACES

-

LAND DETAILS

LAND ACRES

9.08 AC

LAND SF

395,525 SF

ZONING

No zoning

APN/PARCEL ID

108-5141

ASK ABOUT THIS PROPERTY

Janice LandersRESOLUT REMore Info
512-535-0262

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Janice LandersRESOLUT REMore Info
512-535-0262

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