7008 C R 1500 - Manufactured Housing/Mobile Housing FOR SALE


Shallowater, TX 79363
$795,000 USD
806-777-4459
7008 C R 1500, Shallowater, TX for Sale
$795,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/24
null | Request Cap Rate

7008 C R 1500
Shallowater, TX 79363


HIGHLIGHTS

  • 14 Mobile Homes - all park owned
  • 2 single family homes
  • In Shallowater School District

OVERVIEW

To view the financials follow this link: https://buildout.com/website/1454697-sale Property Description Hunter's Way Mobile Home Community consists of 14 mobile homes and 2 single family residences on 5.78 acres. The current rents average $729 and include the lot rent and rent for the unit. Potential ways to boost the value would be to sell off the mobile homes and charge lot rent only, and owner finance them. The owner currently pays the water/sewer/trash bill. This is a good opportunity to own affordable housing in a great school district. Location Description Hunter's Way Mobile Home Community is located northwest of Lubbock in Shallowater TX. Shallowater ISD is a very desirable and top-rated school district. The Lubbock MSA population is a estimated at over 329,000 people as of 2023.

FOR SALE DETAILS

PRICE

$795,000 USD

PRICE/SF

$80 USD /SF

# OF UNITS

16

PRICE/UNIT

$49,688

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hunter's Way Mobile Home Park

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Greg BrowndGo-Getters - MultifamilyMore Info
806-777-4459

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Greg BrowndGo-Getters - MultifamilyMore Info
806-777-4459

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