Description

Wonderful Opportunity to own a 40 lot mobile home community. There are currently 16 single wide lots with city water and city sewer available. Owner says there is space for 26 more if arranged appropriately. Mobile homes currently on the property will be removed as they are not in good condition and would be best served as a deer camp trailer. Expected best use for this property would be to provide a lot and utilities to tenants who need a lot to lease for their mobile home. 40 x $225 per mo. = $9,000 per Mo. of relatively passive income... $98,000 per year. If you spent $65,000 in improving utilities you could pay off entire investment in 4 years!!

Details

MLS#13714300
Sub-TypeResale
StatusActive
Year1970
Days On Site514

Features

SQ Feet10
Story(s)1
Units16
Zoningcom

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Area Information

StateTX
CountyBrown
CityEarly
Zip Code76802
AreaBROWN COUNTY (332)
Listing VS Median (in 76802)
Price:
$195,000
low | high
Med:
$177,500
58.974358974359% of Average
SqFt:
10
low | high
Med:
2,172
100% of Average
$ / SqFt:
$19,500
low | high
Med:
$94
100% of Average
On Site:
514
low | high
Med:
214.500000
100% of Average
Listing Updated: 03/17/2019
MLS Number: 13714300
Listing Provided By:
Paul Infinger  of  LONE STAR HOME LOAN

All information provided by seller and is deemed to be correct, but is not guaranteed.  Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change.