PRICE IMPROVED!! This Mobile Home is 75% occupied offering 10.83% CAP rate and also offers a well-positioned manufactured housing investment in a quiet, peaceful setting surrounded by natural beauty. The property consists of 12 individual units, each separately rented, providing diversified income streams. Currently, 9 units are occupied, 1 unit is in the process of remodeling, and 2 units require renovation, offering immediate value-add upside. The property also includes additional land with septic systems already developed, allowing for the placement of more trailer homes and future expansion. This creates a strong opportunity for increased density and cash flow. The serene rural atmosphere combined with existing infrastructure makes this an attractive long-term investment with growth potential.
| MLS # | 200861 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Days On Site | 302 |
| Listing Provided By | Better Homes & Gardens Real Estate Infinity | Manju Pokhrel |
| Units | 12 |
|---|---|
| Zoning | A2L |
| Acreage | 8.00 |
| Rooms Total | 0 |
|---|
| Foundation Details | Pillar/Post/Pier |
|---|
| Parking Features | 20-29 Spaces |
|---|
| Sewer | Septic Tank |
|---|
| State | TX |
|---|---|
| County | Bowie |
| City | Texarkana |
| Zip Code | 75501 |
| Area | T12 Liberty Eylau |
| Community Name | Nancy McCarter |
| School District | Liberty Eylau |
| Elementary School | Liberty Eylau |
| High School | Liberty Eylau |
| Listing VS Median (in Nancy McCarter) | |
Price: $699,000 low | high Med: $0 On site: 302 low | high Med: | |
| State | TX |
|---|---|
| County | Bowie |
| City | Texarkana |
| Zip Code | 75501 |
| Area | T12 Liberty Eylau |
| Community Name | Nancy McCarter |
| School District | Liberty Eylau |
| Elementary School | Liberty Eylau |
| High School | Liberty Eylau |
| Listing VS Median (in Nancy McCarter) | |
Price: $699,000 low | high Med: $0 On site: 302 low | high Med: | |