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Multifamily Portfolio with Mobile Homes

5520 CONDOR RD Gilmer, TX 75645

Claim this Listing
For Sale
$765,000

MULTI_FAMILY - Gilmer, TX

Lot size:
4.89 Acres
Added:
Apr 11, 2022
Days on Market:
1554
Last Refresh:
Jul 12 at 1:06 am

Property Features for 5520 CONDOR RD

General Information

Property type
Residential Multi Family
Property subtype
Other
Rooms
Laundry Room
Interior features
Tile Flooring, Vinyl Flooring
Exterior features
Fence Partial
Fencing
Partial
Appliances
Electric Range/Oven, Refrigerator
Standard status
Active
Lot size
4.89 Acres

Taxes and HOA fees

Tax Annual Amount
3404

Utilities

Utilities
Cable Available
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air

Building Details

Year built
2003
Number of units
13

Listing agent Dean Haws License #0601137

Listing office Coldwell Banker Lenhart-Gilmer 318 US Hwy 271 N, TX

Listing date Apr 11, 2022

MLS# 20222087 Listing URL

Copyright © 2026 Longview Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This multifamily portfolio includes 12 mobile homes and 1 frame house with a 2/1 layout, all situated on 4.89 acres. The offering is described as a residential income property with multiple rental units.

Located in Gilmer, Texas at 5520 Condor Rd (75645), the property consists of a compact mix of manufactured housing and a single frame residence.

With 13 total dwellings across the site, this configuration supports a straightforward rental portfolio structure centered on the existing mobile home units plus the additional 2/1 frame house.

Key Highlights

  • Own 12 mobile homes plus a 2/1 frame house on 4.89 acres
  • Reported 10.7% cap rate on rentals
  • Year built 2003

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Mobile home & RV ...

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.

FAQs

What type of property is this?
Mobile home & RV park - Package includes 12 mobile homes and a 2/1 frame house on 4.89 acres in Gilmer, TX.
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 $765,000.
What are key features of this property?
This property features: Own 12 mobile homes plus a 2/1 frame house on 4.89 acres; Reported 10.7% cap rate on rentals; Year built 2003
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