Mobile Home Park with Expansion
350 Morgan Mill Road Stephenville, TX 76401
350 Morgan Mill Road, Stephenville, TX, 76401
$1,995,000
For Sale
$1,995,000
COMMERCIAL - Stephenville, TX
Lot Size4.22 Acres
Days on Market115
Property Features for 350 Morgan Mill Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Open
- Standard status
- Active
- APN
- R000033349
- Lot size
- 4.22 Acres
Taxes and HOA fees
- Tax Description
- S5910 STARLITE MOBILE HOME PARK
- Tax Annual Amount
- 397
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Ceiling Fan(s), Electric
- Water source
- Public
Building Details
- Year built
- 1989
- Floors in Building
- 1
- Number of units
- 24
- Building materials
- BoardAndBattenSiding, Brick
- Roof type
- Composition
Listing Agency
J.J. HAMPTON REALTY
(254) 965-4717
Stephenville, TX
Listed by
J J HAMPTON
(254) 965-4717
Added: Mar 26 Checked: Jul 18 at 6:06 pm
MLS# 21196003
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Investment Insights
Based on property information with market context.
Star Lite Mobile Home Park is an established investment property located on the outskirts of Stephenville, Texas, within city limits, on approximately 4.2 acres. The park includes 23 mobile home spaces, as well as a brick home on-site. As of the listing, 12 units are currently occupied, providing an income base today.
The property also includes six vacant lots, creating a straightforward opportunity to expand the park and work toward higher occupancy. Zoning is described as retail and commercial business, which may offer flexibility for future development. City water and sewer services are in place, supporting efficient day-to-day operations.
For investors seeking a stable, community-oriented income property, this offering combines current occupancy with tangible growth options. The presence of multiple lots and room for expansion can align well with an operator or buyer interested in increasing revenue through additional utilization and potential renovations, with the goal of value appreciation in a growing market.
The property also includes six vacant lots, creating a straightforward opportunity to expand the park and work toward higher occupancy. Zoning is described as retail and commercial business, which may offer flexibility for future development. City water and sewer services are in place, supporting efficient day-to-day operations.
For investors seeking a stable, community-oriented income property, this offering combines current occupancy with tangible growth options. The presence of multiple lots and room for expansion can align well with an operator or buyer interested in increasing revenue through additional utilization and potential renovations, with the goal of value appreciation in a growing market.
Key Highlights
- Star Lite Mobile Home Park on 4.2+ acres within city limits in Stephenville, TX
- Includes 23 mobile homes plus a brick home; 12 units are currently occupied
- Also offers six vacant lots for potential expansion and increased occupancy
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Star-Lite Mobile Home ...
Campground & RV Park
Jeremy's mobile Mechanic ...
Auto Repair Shop
Similar For Sale Nearby
FAQs
What type of property is this?
Mobile home & RV park - Established mobile home park with income-producing occupancy and six vacant lots for potential expansion or increased revenue.
Where is this mobile home & rv park located?
The property is located at 350 Morgan Mill Road Stephenville, TX.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Star Lite Mobile Home Park on 4.2+ acres within city limits in Stephenville, TX; Includes 23 mobile homes plus a brick home; 12 units are currently occupied; Also offers six vacant lots for potential expansion and increased occupancy
