Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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