512-516 Silver Maple St Fredericksburg, TX 78624
- Specialty properties
Current Use by Public Records
- Specialty properties
Property Details for 512-516 Silver Maple St
- Property type
- Specialty properties
- Property subtype
- Land
Description
Exceptional investment opportunity in Fredericksburg, Texas, presents a rare chance to acquire the established Holloway Mobile Home Park. This 1.55-acre property, zoned R-4 Manufactured Home Residential, is offered for sale at $1,900,000. The park features fifteen manufactured home sites, each with a separate electric meter, and shares common city water and sewer connections. A charming 1,184 square foot, three-bedroom, one-bathroom stick-built home, constructed in 1941, is included on the property. This home sits on a corner lot and adds to the overall value. The property also boasts multiple outbuildings, carports, and a private water well, enhancing its functionality and potential. The park is strategically located with frontage on three streets: South Milam Street, Silver Maple Street, and West Walch Street. Note that fourteen of the manufactured homes are tenant-owned and are not included in the sale. Seller financing may be considered, making this an attractive proposition for serious investors. The total lot size is 67,518 square feet. This is a unique opportunity to acquire a well-established mobile home park with significant upside potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fredericksburg
- County
- Gillespie
- State
- Texas
- Longitude
- -98.8823
- Latitude
- 30.2699
