We are pleased to present an exceptional investment opportunity featuring a fully occupied mobile home community in “Kerrville South,” located in Kerrville, Kerr County, Texas. This turnkey investment offers immediate cash flow with strong fundamentals and a proven rental history. Seller financing may be available for qualified buyers.

FINANCIAL HIGHLIGHTS

Gross Revenue: $84,640
Fixed Expenses:
Taxes:       $3,484 (2024)
Insurance: $3,800

Picturesque hill country setting with 5 mobile home units included (5,192 sq ft total)

Private fenced yards and car ports, all positioned to take advantage of the views and mature trees for ultimate enjoyment and privacy

2,500-gallon water storage tank with booster pump

Interior gravel road system

Wet weather creek and pond

18x30 metal workshop included; tractors, equipment and supplies may be purchased with separate offer for non-realty items

OCL Zoning - No restrictions

Seller financing option available for qualified buyers

LOCATION ADVANTAGES

Kerrville South, located in Kerrville, Kerr County, Texas 78028 - Growing Hill Country market

Population: 54,027 with 96% employment rate

Median household income: $68,895

Strong demand for affordable workforce housing

EXPANSION POTENTIAL

Significant underdeveloped land on 10-acre site

Potential for additional units

Existing infrastructure supports growth

INVESTMENT STRENGTHS

✓ Above-market cap rate in stable market✓ Low maintenance mobile home community✓ Established tenant base with regular rent increases✓ Diversified income from 5 separate units✓ Well managed by owner✓ Water-secure with centralized well and access to a public water supply with Texas Utilities (administrative fees, hook-up fees and infrastructure costs may apply)

IDEAL FOR:

Investors seeking steady cash flow with growth potential

Long-term hold strategy with 3-5 year expansion timeline

Seller financing option may be available for qualified buyers