Contact Information

Mobile Home Park Details

  • Price: $899,000
  • Cap Rate: 7.0%
  • Listing ID: 6782461
  • Posted On: Dec 4, 2024
  • Updated On: Dec 16, 2024

Description

Willing to consider all offers that can close quickly! Located just 15 minutes from Austin-Bergstrom International Airport, the property features 4 permanent modular homes with tenants responsible for their own utilities. Current rents are below market, with a potential increase of 10-15%. The site includes on-site maintenance provided by a resident in exchange for subsidized rent and offers additional income potential from two food trailer spots. Surrounded by growing developments, gas stations, and a small strip mall, this property is well-positioned to capitalize on the area's rapid growth. 1-Acre Investment Property on Highway 21 offers an excellent commercial investment opportunity near Tesla, SpaceX, Starlink, Neuralink, and the Boring Company.

Location

Austin, TX metro area

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Park Information

Number of MH Lots: 4
Total Occupancy: 100.0 %
Size: 1 acre(s)

Financial Information (Actual)

Net Operating Income: $63,318

Utility Information

Water: City
Sewer: Septic

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