197 County Road 2302 Rusk, TX 75785
High-yield, 5-unit turnkey property.
Property size:
768 SFProperty Features for 197 County Road 2302
General Information
- Property type
- Multifamily properties
- Square Feet
- 768 SF
- Class
- A
- Lot Size
- 129,809 SF
Building Details
- Year Built
- 2020
- Buildings
- 5
- Stories
- 1
- Units
- 5
Listing Agent: Jerry-Michael Norton
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents a 5-unit, Class A tiny home park situated on 2.98 acres in Rusk, Texas (APN 227571000). Built in 2020, this property boasts 100% occupancy, generating a substantial Net Operating Income (NOI) of $55,159, representing a 10.51% capitalization rate. The asking price is $525,000. Each of the five single-story buildings offers two bedrooms and one-and-a-half bathrooms, totaling 768 square feet. Tenants are responsible for their own utilities, minimizing operational overhead. The park's location outside city limits in Cherokee County (zip code 75785) offers a peaceful setting while remaining conveniently accessible to local amenities. The property is zoned for its current use and features a community pond. This turnkey operation is ideal for investors seeking a high return on investment in a growing market, capitalizing on the increasing demand for affordable and sustainable housing. The property's strong performance and minimal maintenance requirements make it an attractive and low-risk investment. The high occupancy rate and consistent rental income stream provide immediate cash flow and a solid foundation for future growth. This is a rare opportunity to acquire a well-established, profitable tiny home park with significant upside potential.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
Map
- City
- Rusk
- County
- Cherokee
- State
- Texas
- Longitude
- -95.162015
- Latitude
- 31.774282
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FAQs
What type of property is this?
Multifamily property - High-yield, 5-unit turnkey property.
Where is this multifamily property located?
The property is located at 197 County Road 2302 Rusk, TX.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: High occupancy 5-unit tiny home park (2 bed/1.5 bath units) in Rusk, TX, offering strong rental demand.; Low operating costs due to tenant-paid utilities and energy-efficient designs.; Excellent ROI with a 10.51% capitalization rate and $55,159 NOI.
