83 Roots Rd - Manufactured Housing/Mobile Housing FOR SALE


Martindale, TX 78655
$875,000 USD
512-856-6653
83 Roots Rd, Martindale, TX for Sale
$875,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/29
null | 8.31% Cap Rate

83 Roots Rd
Martindale, TX 78655


HIGHLIGHTS

  • Turn-key and cash flowing
  • 3 acres and 6 mobile homes - individual parcel surveys available
  • 100% occupied
  • 7.5% cap rate
  • Near San Marcos
  • Upside in rents for additional income

OVERVIEW

Cash Flow Mobile Home Park Land For Sale Near San Marcos, Texas Rare turn-key investment property! Income-producing mobile home park for sale: a total of three acres with 6 units. With no restriction or zoning, this 100% occupied property is at a 7.5% Cap Rate! This low-maintenance cash flow property is located minutes away from Toll 130 & IH-35 and nearby big franchises. Surveys for each parcel are available. Even with a gross income of $8294 monthly, there's room for higher income to meet the market! An ideal property for those looking to invest in Central Texas real estate or a 1031 exchange opportunity.

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$93 USD /SF

# OF UNITS

6

PRICE/UNIT

$145,833

CAP RATE

8.31%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1992

PARKING SPACES

6

LAND DETAILS

LAND ACRES

2.99 AC

LAND SF

130,287 SF

ZONING

None

APN/PARCEL ID

28365,35863,38944

ASK ABOUT THIS PROPERTY

Tyler WilliamsLand Up Realty & InvestmentsMore Info
512-856-6653

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Tyler WilliamsLand Up Realty & InvestmentsMore Info
512-856-6653

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