413 N FM 356 - Manufactured Housing/Mobile Housing FOR SALE


Onalaska, TX 77360
$1,530,000 USD
210-848-3312
413 N FM 356, Onalaska, TX for Sale
$1,530,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/14
null | 8.02% Cap Rate

413 N FM 356
Onalaska, TX 77360


OVERVIEW

Consistent Cash Flow: With full occupancy and immediate rental income, this property delivers stable monthly revenue from day one. Proven Demand: The community has had zero marketing costs, with all vacancies filled immediately—proof of high tenant demand in the area. Value-Add Potential: Current rents are below market value, providing immediate upside. Projected rents of $900 for 1-bed units and $1,100 for 2-bed units offer an easy path to increased revenue. Minimal Operating Costs: With newer construction (2018–2022) and low maintenance units, operational expenses remain low, maximizing net profit margins. Recession-Resistant Asset: Affordable rental housing is always in demand, especially in areas with limited housing supply, making this a stable, recession-proof investment.

FOR SALE DETAILS

PRICE

$1,530,000 USD

PRICE/SF

$178 USD /SF

# OF UNITS

21

PRICE/UNIT

$72,857

CAP RATE

8.02%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,649 SF

ZONING

-

APN/PARCEL ID

P1450-0004-00,P1450-0005-00,P1450000625

ASK ABOUT THIS PROPERTY

Kyle HeffronCorpMore Info
210-848-3312

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Kyle HeffronCorpMore Info
210-848-3312

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