1501 County Road 14 - Manufactured Housing/Mobile Housing FOR SALE


Lamesa, TX 79331
$380,000 USD
806-494-8700

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$380,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
null | Request Cap Rate

1501 County Road 14
Lamesa, TX 79331


HIGHLIGHTS

  • Two single-family homes in livable condition — ideal for immediate rental or owner-occupancy
  • 5 acres of land with no HOA and minimal restrictions
  • Easily passes the 1% rule

OVERVIEW

Investor-ready opportunity located in [City, State]! This versatile 5-acre property features five existing residential units with strong rental potential and additional value-add opportunities. Property Highlights: - Two single-family homes in livable condition — ideal for immediate rental or owner-occupancy - Three mobile homes: • Two require minimal clean-out/maintenance for move-in readiness • One is ready for full remodel — excellent upside potential - 5 acres of land with no HOA and minimal restrictions - Plenty of space to expand, subdivide, add RV hookups, or develop further - Private setting, yet conveniently located near Highway 87 Investment Potential: - Multiple income streams from existing structures - Light value-add work needed on select units = equity growth - Easily passes the 1% rule - Ideal for buy-and-hold investors, developers, or those seeking a small-scale rental park setup Don’t miss this chance to acquire a unique, income-producing property with room to grow. Priced at just $380,000, this one won’t last long.

FOR SALE DETAILS

PRICE

$380,000 USD

PRICE/SF

$152 USD /SF

# OF UNITS

5

PRICE/UNIT

$76,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1948

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.8 AC

LAND SF

252,563 SF

ZONING

-

APN/PARCEL ID

7205

ASK ABOUT THIS PROPERTY

Derek DominguezL3 BROKERSMore Info
806-494-8700

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Derek DominguezL3 BROKERSMore Info
806-494-8700

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