3600 Reading St - Manufactured Housing/Mobile Housing FOR SALE


Bacliff, TX 77518
$180,000 USD
409-978-5214
3600 Reading St, Bacliff, TX for Sale
$180,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/29
null | Request Cap Rate

3600 Reading St
Bacliff, TX 77518


OVERVIEW

Updated: Duplex for sale. This property has two separate apartments. The slightly smaller one is rented to an Army vet who receives a subsidized income. He pays $1100 monthly and is pretty handy to have on site. The larger of the two apartments rents for $1400 monthly. The property has a large garage which can produce more income... but I am using it as personal storage currently. The property has a coin operated laundry room which generates about $40-$80 monthly. The building itself began as a modular home. The previous owner enclosed the whole building and put a strong "House Style" roof over it. The lot is about 6250 sqft. **LoopNet describes it as a "mobile home park." IT IS NOT P&L summary (approximate): Apartment #1 monthly income $1100 Apartment#2 monthly income $1400 Laundry monthly income. $65 Total Gross monthly Income: $2,565 Average Electric monthly cost: $222 Average water/sewer monthly cost: $64 Average WiFi monthly cost: $78 Average natural gas monthly cost: $37 Property tax broken down monthly: $100 (Annual property taxes are $1200) Total monthly cost: $501 Net monthly income: $2,064 Net annual income: $24,768 I will not owner finance. Serious buyers only. I have had a lot of dreamers contact me... I will ignore your inquiry if I do not believe you are serious. Thank you

FOR SALE DETAILS

PRICE

$180,000 USD

PRICE/SF

$164 USD /SF

# OF UNITS

2

PRICE/UNIT

$90,000

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

1990

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,881 SF

ZONING

-

APN/PARCEL ID

3666-0003-0015-000

ASK ABOUT THIS PROPERTY

Kara NewmannKara NewmannMore Info
409-978-5214

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Kara NewmannKara NewmannMore Info
409-978-5214

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