This is a great opportunity for an investor—this is a mobile home park, with a great location on FM 2657 near Highway 190. Right at 5 acres, with 3 mobile homes (rented for a total of $2,390/mo) and their lots that convey, plus a lot that is currently rented at $250/mo, with 4 more lots with septic and electric ready to be rented (should be +/- $250 each). It also has a commercial building at the front of the property (on FM 2657) that has been rented at $800/mo. That gives a total right now of potential rents to be $5,190 without improving the property. But the beauty of this property is that only one half of the space for mobile homes is developed. There is room to have 7-8 more mobile home lots (they would need to have septic and electric to them. The potential for these would push the potential rents to a crisp $7,190/mo. This is an outstanding opportunity for someone with a little vision. To see this property, please call TREMP.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
