Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Listing ID: 1742683
  • Posted On: Aug 23, 2022
  • Updated On: May 22, 2023

Description

If you are looking for an investment property that will make you good money you have found it. Acreage with spacious Manufactured Community, situated approx. six miles from Copperas Cove, TX and 16 miles from Lampasas, TX in Indian Valley, Lampasas County. 7 Rented Homes and 2 Rented Lots are connected by two paved private roads. Each home has its own paved driveway. Homes were manufactured between 1999 and 2001. Homes have been constantly improved under the current ownership (2006-now). Being from Switzerland, they provided Swiss Quality in every aspect. The home’s large front- and backyard are maintained by tenants. Renters tend to stay for an extended period of time. Public areas are maintained by the landlord. 2 vacant lots could be instantly used to setup new homes. There is potential to setup more rental units on the vacant land, once water, sewer and power is installed.
This mobile home park has 7 manufactured homes on it with 4 lots of land that Acreage with spacious Mobile home Community, situated approx. six miles from Copperas Cove, TX and 16 miles from Lampasas, TX in Indian Valley, Lampasas County. Two paved private roads connect the rental properties, each of which has its own paved driveway. Homes were manufactured between 1999 and 2001. Each home has been constantly improved under the current ownership (2006-now). Each home has its own large front- and backyard being maintained by tenants and paved driveway. Renters tend to stay for an extended period of time. Public areas outside the rented lots are maintained by the landlord. Beside the vacant lots, which could be instantly used to setup additional homes, there is potential to setup several more rental units on the vacant land, once water, sewer and power is installed.

Location

n Cove take W Hwy 190 to FM 2657. Left on FM 2808. Right on CR 4818. Left on CR 4820

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Total Occupancy: 100.0 %

Lot Information

Doublewide Lots: 7

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 7
Average Rent for Park-owned Homes: $900