3600 Reading St - Manufactured Housing/Mobile Housing FOR SALE


Bacliff, TX 77518
$145,000 USD
409-978-5214
3600 Reading St, Bacliff, TX for Sale
$145,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/28
null | Request Cap Rate

3600 Reading St
Bacliff, TX 77518


OVERVIEW

This is a duplex for sale located on a quiet dead end street in Bayview Texas. This property has two separate apartments with room to add 2 more units in the detached garage. The slightly smaller unit is rented to an Army vet who receives a subsidized income. He pays $1,100 monthly and is pretty handy to have on site. He currently has a year long lease and hopes to never move. The larger unit is currently listed on Air BNB with a book schedule. The property has a coin operated laundry room which generates about $40-$80 monthly. The building itself began as a modular home. This home is zoned to Clear Creek ISD. I've had great luck with unit B on Air BNB. Many 5 star views expressing the location is great while feeling right at home. Unit B can be rented on a yearly contract at $1,200- $1,300 a month. Currently on Air BNB for $75 a night. The previous owner enclosed the whole building and put a strong "House Style" roof over it. The lot is about 6250 sqft. Looking for a cash sale. P&L summary (approximate): Apartment #1 monthly income $1100 Apartment#2 monthly income $1200 Laundry monthly income. $65 Total Gross monthly Income: $2,365 Average Electric monthly cost: $222 Average water/sewer monthly cost: $64 Average WiFi monthly cost: $78 Average natural gas monthly cost: $37 Property tax broken down monthly: $100 (Annual property taxes are $1200) Total monthly cost: $501

FOR SALE DETAILS

PRICE

$145,000 USD

PRICE/SF

$58 USD /SF

# OF UNITS

2

PRICE/UNIT

$72,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Reading St Duplex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

ADD'L SUBTYPES

Storefront Retail/Residential, Apartments, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

-

APN/PARCEL ID

3666-0003-0015-000

ASK ABOUT THIS PROPERTY

Kara NewmannKara NewmannMore Info
409-978-5214

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Kara NewmannKara NewmannMore Info
409-978-5214

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