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TBD Fentress Star Road

Fentress, TX 78622
  • $1,011,000
  • STATUS: Active
  • ON SITE: 13 Days
  • MLS #: 456913
UPDATED: 38 min ago
$1,011,000
  • 0
    BEDS
  • 5.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 12,133
    SQFT
  • $83
    $/SQFT
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

School District:

Description

INCOME PRODUCING PROPERTY!! $8,875 PER MONTH GROSS INCOME. This mobile home park has 10 owned units that are rented out monthly and 6 rented mobile home spaces. There are also 2 vacant RV Hook up and there is one vacant Mobile home space. This property has a very low vacancy rate and stays full! This property is located in an ideal location and the overhead is low making this a very strong cash-flowing property. All units are individually metered and utilities are paid by the tenants. Estimated Annual Net Income is $91,057.50 or $7,588.12 per month. The seller does not have a property manager and they maintain the grounds themselves. Their only costs are insurance, taxes and vacancy/make readies when needed. Insurance was $851 for liability and $3,209 for trailers for 2020. Each unit had a water meter owned by Fentress Star Mobile Home Park but the tenants pay for the bill and each unit is individually metered in the tenants name.

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© 2021 Central Texas Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Texas Real Estate Advisors | Keller Williams Realty. Data last updated: 2021-12-01T07:05:32.79.
www.centexhomelistings.com/homes/123348479
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TBD Fentress Star Road Fentress, TX 78622

  • Price: $1,011,000
  • Status: Active
  • On Site: 13 Days
  • Updated: 38 min ago
  • MLS #: 456913
0
Beds
0
Baths
0
½ Baths
5.11
Acres
12,133
SQFT
$83
$/SQFT
Neighborhood:
Fentress Star Mh Park
County:
Caldwell
Area:
Fentress
School District:
Prairie Lea ISD
Property Description
INCOME PRODUCING PROPERTY!! $8,875 PER MONTH GROSS INCOME. This mobile home park has 10 owned units that are rented out monthly and 6 rented mobile home spaces. There are also 2 vacant RV Hook up and there is one vacant Mobile home space. This property has a very low vacancy rate and stays full! This property is located in an ideal location and the overhead is low making this a very strong cash-flowing property. All units are individually metered and utilities are paid by the tenants. Estimated Annual Net Income is $91,057.50 or $7,588.12 per month. The seller does not have a property manager and they maintain the grounds themselves. Their only costs are insurance, taxes and vacancy/make readies when needed. Insurance was $851 for liability and $3,209 for trailers for 2020. Each unit had a water meter owned by Fentress Star Mobile Home Park but the tenants pay for the bill and each unit is individually metered in the tenants name.
Exterior Features

Construction Materials OtherSee Remarks Foundation Details OtherSee Remarks Parking Features Parking Space(S) View None View YN No Waterfront YN No

Interior Features

Heating OtherSee Remarks Levels Other

Property Features

Accessibility Features Level Lot Association Amenities None Association Fee 0 Building Name Fentress Star Mobile Home Park Community Features None Property Condition Resale Property Subtype Commercial Road Frontage Type City Street Sewer Septic Tank Utilities OtherSee Remarks



© 2021 Central Texas MLS.
Listing courtesy of Andrew Phillips of Century 21 Randall Morris & As.



© 2021 Central Texas Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Texas Real Estate Advisors | Keller Williams Realty. Data last updated: 2021-12-01T07:05:32.79.
 
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