828 E State Highway 71 - Manufactured Housing/Mobile Housing FOR SALE


Bastrop, TX 78602
$4,250,000 USD
512-659-3617
828 E State Highway 71, Bastrop, TX for Sale
$4,250,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/4
null | 7.56% Cap Rate

828 E State Highway 71
Bastrop, TX 78602


HIGHLIGHTS

  • 6- Plex Building: The units are 1000-1200 sq. ft and are all 2bd/1ba with large kitchens, living areas, and views. The roof is about 7 years old. The
  • 1 Modular Home: Is 900 sq. ft with 2bd/2ba
  • 5 Modular Homes: Are 1100 sq. ft with 3bd/2ba and large living areas and kitchen.
  • 4 Embedded Modular Homes: Are 800 sq.ft with 2bd/1ba
  • 10 Tiny Homes/ RVs: Are large 200-300 sq. ft spaces with 1bd/1ba and reasonable size living areas. RVs have no roof leaks and in the process of puttin

OVERVIEW

Bring all offers! This 5.33-acre commercial property offers a prime investment opportunity just outside Bastrop city limits. Located directly on Highway 71, the site includes a 6-plex, 10 anchored modular homes, 10 RVs, and 3 RV spaces. Tenants handle their own utility expenses, billed monthly. On-site maintenance is managed by a resident couple in exchange for RV rent, utilities, and a monthly stipend. Neighboring commercial developments and high-traffic visibility make this property an ideal choice for future growth. Rents are below market, with a 15-20% increase feasible as well as potential for billboards and food trucks. Positioned near gas stations, retail, and expansion from Austin.

FOR SALE DETAILS

PRICE

$4,250,000 USD

PRICE/SF

$241 USD /SF

# OF UNITS

29

PRICE/UNIT

$146,552

CAP RATE

7.56%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Whispering Pines

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1995

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Amy VenHorstJorgensen Group, KW CommercialMore Info
512-659-3617

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Amy VenHorstJorgensen Group, KW CommercialMore Info
512-659-3617

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