5520 condor Rd, Gilmer, TX 75645

Listing office Coldwell Banker Lenhart - Gilmer d***@aol.com Show Phone

Listing date Aug 3, 2022

Source Exitrealty

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Overview

This property features a mobile home park with 12 mobile homes and one frame house with 2 bedrooms and 1 bathroom, situated on 4.89 acres. The rentals operate at an 11% capitalization rate. The seller provides water, sewer, and trash services.

Suggested Use

HVAC Service Electrical Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Arcade & Gaming Center Hotel & Motel Electronics & Wireless Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Gilmer

County

Upshur

State

Texas

Longitude

-94.85

Latitude

32.6406

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FAQs

What type of property is this?

Mobile home & RV park - Mobile home park with 12 mobile homes and one house.

Where is this mobile home & rv park located?

The property is located at 5520 condor Rd Gilmer, TX.

What is the asking price?

The asking price for this property is $775,000.

What are key features of this property?

This property features: 11% Cap Rate; Sprawling 4.89 Acres; Includes 12 Owned Mobile Homes