Address Withheld
Picturesque 10-acre multi-family mobile home community, offering positive cash flow with 5 units, and room to grow. NOI is $74, 935.00, yielding a 7.6 cap rate. The property is fully fenced and has a wet weather creek and pond. The units are serviced by a 480’ deep well which had a new pump installed in 2020, and also has a 2500 gallon storage tank and new booster pump installed in 2022. There is a spacious 18x30 metal workshop that currently stores the owner’s equipment. The five residential units are well maintained ranging from 1986-2018, with remodels in 2022. Each unit has a private fenced yard and views of the hills. The interior road provides access to each unit, and also to future sites.
- Property TypeFarm
- NeighborhoodHidden Valley Ranch
- CountyKerr
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site51 Days
- MLS StatusActive
- MLS ID Number5098657
- Home Size Source N/A
- Year BuiltN/A
- Lot Size10 Acres
- Full Baths9
- Partial BathsN/A
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Learn MoreRecent Activity For Address Withheld Kerrville, TX 78028
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General Features
- Construction Wood Siding
- Parking Detached Carport
- Acreage 10
- Property Sub Type Farm
- Utilities Electricity ConnectedWater Connected
- Listing Conditions Standard
Interior Features
- Cooling Central Air
- Heating Central
- Appliances Electric OvenRefrigerator
Exterior Features
- Roof Shingle
- View HillsTrees Woods
- Fencing Fenced
- Pool Features None
- Waterfront Property No
- Waterfront Features None
- Patio And Porch Porch
- Other Structures Workshop
Community Features
- Community Features Common Grounds Area
- MLS Area Out of Area