Mobile Home Parks /TX /Brazoria County /Alvin /3621 County Road 161
Mobile Home Parks /TX /Brazoria County /Alvin /3621 County Road 161

3621 County Road 161 - Manufactured Housing/Mobile Housing FOR SALE


Alvin, TX 77511 | 
$1,721,000 USD
713-817-7218
3621 County Road 161, Alvin, TX for Sale
$1,721,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/22
null | 9% Cap Rate
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3621 County Road 161
Alvin, TX 77511

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HIGHLIGHTS

  • Location is walking distance of two elementary schools
  • All rents collected online
  • Tenants pay their own electricity and trash pickup
  • Low maintenance and well maintained community
  • Underground electrical utilities, city water and sewer
  • All units have PEX plumbing, refrigerator, washer/dryer

OVERVIEW

Stabilized mobile home park in a healthy and growing submarket. Well maintained with no deferred maintenance issues. All 1 year leases with room to raise rents upon renewal. Excellent buy and hold opportunity.

FOR SALE DETAILS

PRICE

$1,721,000 USD

PRICE/SF

$142 USD /SF

# OF UNITS

14

PRICE/UNIT

$122,929

CAP RATE

9%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Community Park of Alvin

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

PARKING SPACES

24

LAND DETAILS

LAND ACRES

1.19 AC

LAND SF

51,836 SF

ZONING

0041

APN/PARCEL ID

0478-0022-122

ASK ABOUT THIS PROPERTY

Dennis RoeserTenaro RealtyMore Info
713-817-7218

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Dennis RoeserTenaro RealtyMore Info
713-817-7218

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

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