Investment Realty Apartment Group is pleased to present Jake’s Mobile Home Park a 35 lot mobile home park in Seguin, TX, approximately 30 miles north-east of San Antonio, TX. Jake’s Mobile Home Park is located in proximity to Interstate Highway 10, FM 46, and FM 725 allowing tenants to have convenient access to Seguin, San Antonio, and New Braunfels. West of the property is the Guadalupe River, giving tenants access to recreational opportunities. The City of Seguin is home to a Continental Automotive Plant and a Caterpillar Manufacturing Plant.

The mobile homes on the property are owned by individuals. The individual owners are responsible for their up-keep and maintenance. This allows an investor to acquire a property that will require minimal management and oversight.

Jake’s Mobile Home Park allows an investor to take advantage of potential rent increases. The park has not changed its rental rate in the past two years.

The park is 91.3% occupied. This is higher than the national average for mobile home parks which is ~83%

Jake’s Mobile Home Park gives an investor the opportunity to purchase a very basic, but stable mobile home park. The property features two-lane, asphalt-paved, un-striped streets. The streets connect to each of the 35 single-wide grass lots, which also contain two asphalt parking spaces. The site is accessible by a single curb cut on the East side of Quintana road and has good visibility, with frontage on FM 464. Property amenities include public telephones and mailboxes for each tenant.

Although the property is close to Seguin, San Antonio, and New Braunfels, the property’s location should be described as rural. The property is located outside of the Seguin City Limits and is within Guadalupe County. The property faces no zoning restrictions. Adjacent sites include farmland, an RV park, and vacant land.

The property has utilities. Water is individually metered and provided by the Springs Hills Water Supply Corporation and is billed back to residents. Electricity is individually metered, provided by GVEC, and paid by residents. Each pad is reported to have individual septic systems.

The property recently received landscaping services. The trees have been well trimmed and maintained.

New flood plain maps indicate that the property is located within the flood zone. In order to add a new mobile home or replace an existing mobile home, a flood plain permit must be obtained from Guadalupe County and the home must be elevated above the base flood elevation level.