36 space MHP in Giddings right off HWY 290. on 17 acres with room to expand some. . 6 empty spaces, with a couple of pending move in's. Most homes are new or newer. Easily the best looking MHP in Lee county. Has Lee County water, Bluebonnet Electric. Tenants pay all there own util, including water. Currently it is a 7% cap. With lot rent adjustments from current to market and some minor adjustments to POH's (10) rent rates it is a 10% cap. Has a older 18 unit self storage building that needs some doors fixed and should be a approx 1k per month add on income. Also has 8 unfinished RV\Tiny house spots. They have electric service, will need a minimal septic and a water line run. This is not included in the cap rate.

Possible owner finance with $300,000 down
For Sale - Not On Sale