20 County Road NW 1030 - Manufactured Housing/Mobile Housing FOR SALE


Mount Vernon, TX 75457
$825,000 USD
281-377-4618
20 County Road NW 1030, Mount Vernon, TX for Sale
$825,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/12
null | 6.67% Cap Rate

20 County Road NW 1030
Mount Vernon, TX 75457


OVERVIEW

Property Details •48 Full Hook-up RV spaces with 30/50 amp electric 31 of the 48 pads were recently installed and are separately metered 1- 1700sf Stick built house, 3 bed, 1.5 bath A long-term onsite manager lives in the stick built home. Manager takes care of mowing and maintenance. 1- 16x30 building -Onsite office -Free WiFi -Security Cameras -Fenced property -Pet-Friendly -Lots of shade -Longterm residents -Over 400 ft of highway frontage and over 300 ft of county road frontage -Utilities included in rent -31 newly added spaces have separate meters Seller financing available Value Add Opportunity -Raise rents to local competitor pricing -Bill back electric to the 31 new spaces -Advertise park to increase occupancy -Build a laundry facility by running utilities to the 16x30 building - Located in Franklin County, Texas

FOR SALE DETAILS

PRICE

$825,000 USD

PRICE/SF

$485 USD /SF

# OF UNITS

49

PRICE/UNIT

$16,837

CAP RATE

6.67%

% LEASED

29%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Lazy Frog RV Park

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.13 AC

LAND SF

223,463 SF

ZONING

-

APN/PARCEL ID

20534

ASK ABOUT THIS PROPERTY

Billi DavisIRE InvestmentMore Info
281-377-4618

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

Billi DavisIRE InvestmentMore Info
281-377-4618

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