620 George Thomas Rd - Manufactured Housing/Mobile Housing FOR SALE
Texarkana, TX 75501 |
$569,000 USD
469-471-7919
620 George Thomas Rd
Texarkana, TX 75501
HIGHLIGHTS
- 75% occupied, 10.83% CAP, with 9 units rented, 1 unit in the process of remodeling 2 units require remodeling, offering value-add potential
- Manufactured housing investment in a peaceful setting surrounded by natural beauty Total of 12 individual units, each separately rented
- Existing land with septic systems already developed Ability to add additional trailer homes for future expansion Strong opportunity for increased cash
OVERVIEW
PRICE IMPROVED!! Discover an incredible investment opportunity at 620 George Thomas Rd! This 8-acre property features 12 rentable mobile home units nestled in a peaceful, nature-filled setting. With plenty of space to expand, there is excellent potential to add more mobile homes for increased rental income. Don't miss out on this unique property with endless possibilities!
FOR SALE DETAILS
PRICE
$569,000 USD
PRICE/SF
$356 USD /SF
# OF UNITS
12
PRICE/UNIT
$47,417
CAP RATE
10.83%
% LEASED
75%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Mobile Home Park
PROPERTY TYPE
Multi-Family
PROPERTY SUBTYPE
Manufactured Housing/Mobile Housing
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1999
PARKING SPACES
-
LAND DETAILS
LAND ACRES
8 AC
LAND SF
348,480 SF
ZONING
A2L
APN/PARCEL ID
14080000800
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469-471-7919
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469-471-7919
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