Property summary
This exceptional investment opportunity presents a 17-unit mobile home park situated on a generous 4.13-acre lot in Maud, Texas. Currently boasting 12 occupied units, this turnkey operation offers immediate income potential. Conveniently located off Highway 67 and Redwater Rd West, the property benefits from its prime position within a thriving community. The park comprises a mix of single and double-wide mobile homes, providing ample living space for residents and featuring sufficient parking. The expansive lot size presents significant potential for future expansion and development, enhancing the long-term value of this asset. The property's appeal is further amplified by its location within an affordable median income range, attracting a diverse tenant base. Families are also drawn to its proximity to the Redwater Independent School District and local parks. The property's APN is 16460013400. This is a rare chance to acquire a well-established mobile home park with strong occupancy rates and considerable growth potential. The asking price is $575,000. The property is offered for sale by owner. This property is zoned as residential.
Property profile
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Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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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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