3600 Reading St - Manufactured Housing/Mobile Housing FOR SALE


Bacliff, TX 77518
$130,000 USD
409-978-5214
3600 Reading St, Bacliff, TX for Sale
$130,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/35
null | 14.31% Cap Rate

3600 Reading St
Bacliff, TX 77518


OVERVIEW

This property is being offered AS IS. This is a duplex with one apartment currently rented by a long term tenant who is a handyman caretaker with no intentions of moving. The second apartment recently became vacant in mid July and has had steady rent for years. We are currently not offering it for rent so potential buyers can walk through it easily. The front apartment rents for $1100 monthly all bills included (currently occupied). The back apartment has rented for $1200 monthly all bills included for the past few years. The front apt. is about 500 sqft with 2 bedrooms 1 bath and a living/kitchen area. The back apt. is about 600 sqft with 2 bedrooms 1 bath and a living/kitchen area. The property has a coin operated laundry room which generates $40-80 monthly. The property also has a 3 car garage which I am personally using for storage (the current tenant/care taker would like to pay $80 month more to use as his storage, but I refused due to necessity). This property is an old single wide mobile home (early 90's)which has been added onto. There is no paper work or title to the mobile home. Buyers will be vetted based upon my belief in their purchasing power... no dreamers or time wasting. I do not need help selling. If the buyer needs an agent, then the buyer will pay for their agent. Financials and a survey can be viewed in the Document option Loopnet provides.

FOR SALE DETAILS

PRICE

$130,000 USD

PRICE/SF

$52 USD /SF

# OF UNITS

2

PRICE/UNIT

$65,000

CAP RATE

14.31%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

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 Notice.