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    OFF-MARKET
    Land

    217 Redwater Blvd, Maud, TX 75567

    4.13 ac lot
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Land
    Lot 4.13 ac (179,903 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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