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


Bastrop, TX 78602
$5,521,000 USD
512-659-3617
828 E State Highway 71, Bastrop, TX for Sale
$5,521,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/4
null | Request 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

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 potential billboard and food truck income. 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 the rapidly developing growth, this property presents substantial growth and income potential.

FOR SALE DETAILS

PRICE

$5,521,000 USD

PRICE/SF

$314 USD /SF

# OF UNITS

29

PRICE/UNIT

$190,379

CAP RATE

Request Cap Rate

% LEASED

-

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.