Property profile

1025 Pearson St Freer, TX 78357

OFF-MARKET
Mobile home & RV parks
0.17 ac lot
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Property summary

AI-generated overview

This exceptional investment opportunity presents a five-unit mobile home park situated on a 0.17-acre lot in Freer, Texas. Priced at $13,000, this property offers significant value at $68,182 per acre. Conveniently located 1.5 hours south of San Antonio and 45 minutes northwest of Corpus Christi, the park boasts utilities readily available at the street. The property is zoned for unrestricted use, making it ideal for a mobile home park or even an RV park. The current occupancy status indicates potential for immediate income generation, with an occupancy date of August 17, 2024. Owner financing is available, making this an attractive proposition for investors seeking a strong return. The property's APN is 325398. This is a rare chance to acquire a well-positioned, income-producing asset in a growing area. Don't miss this chance to capitalize on this promising investment. The property is located at 1025 E Pearson St, Freer, TX 78357.

Property profile

Verified
Property type Mobile home & RV parks
Lot 0.17 ac (7,405 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1025 Pearson St Freer, TX 78357
Freer metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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