10762 FM 607 N - Manufactured Housing/Mobile Housing FOR SALE


Brownsboro, TX 75756
$3,814,545 USD
214-578-0087
10762 FM 607 N, Brownsboro, TX for Sale
$3,814,545 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/20
null | 8.25% Cap Rate

10762 FM 607 N
Brownsboro, TX 75756


HIGHLIGHTS

  • Total of 23 rentable units on 8.5 acres
  • Management office and storage areas on-site
  • 8.25% Cap Rate
  • Each unit has kitchen appliances and washer and dryer
  • Situated in an accessible, growing area in a suburban-rural community
  • Property website: https://buildout.com/website/brownsboromultiunit

OVERVIEW

Explore the exceptional investment potential of this 23-unit property on 8.5 acres located in Brownsboro, Texas. Originally settled in 1849, the city of Brownsboro is situated in Henderson County, and is a suburban-rural community located 20 miles west of the vibrant city of Tyler and 80 miles east of the Dallas metroplex. With a highly accessible, desirable, and strategic location in the Brownsboro ISD and no zoning, this income-producing property presents a unique opportunity for multifamily and manufactured home investors. There are 23 single family residential units (including a unit that is currently under renovation for a residential rental unit), and a management office with storage areas. Each home has a washer and dryer, kitchen appliances, wood deck, and the property is fenced. This investment allows investors to meet the growing demand for affordable, quality housing in a well-connected community. Prospective buyers and their representatives are responsible for conducting their own due diligence, which includes consulting with authorities, confirming access to utilities, and zoning confirmation. This information is not to be considered a substitute for professional guidance and independent verification. **All property tours must be scheduled through the listing agent, and tenants and staff must not be disturbed. Proof of funds or a lender approval letter is required prior to scheduling tours.**

FOR SALE DETAILS

PRICE

$3,814,545 USD

PRICE/SF

$108 USD /SF

# OF UNITS

23

PRICE/UNIT

$165,850

CAP RATE

8.25%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Multi-Unit Investment on 8.5 Acres

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

PARKING SPACES

-

LAND DETAILS

LAND ACRES

8.5 AC

LAND SF

370,260 SF

ZONING

Not zoned

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Angela HarwellOrion Commercial Realty GroupMore Info
214-578-0087

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Angela HarwellOrion Commercial Realty GroupMore Info
214-578-0087

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.