13892 Us-83 Bus La Feria, TX 78559
- Mobile home & RV parks
- 45,302 SF
Current Use by Public Records
- Mobile home & RV parks
Property Details for 13892 Us-83 Bus
- Property size
- 45,302 SF
- Property type
- Mobile home & RV parks
Description
This exceptional investment opportunity presents a 25-unit mobile home park ideally situated on approximately one acre along Business Highway 83 in La Feria, Texas, zip code 78559, within Cameron County. The property, classified as Class C, boasts a total square footage of 45,302 and is offered at an asking price of $697,000, translating to $15.39 per square foot. The park features a convenient mix of 50-amp and 30-amp hookups for its residents, ensuring ease of access and utility. Adding to its appeal is a dedicated recreational hall, providing a communal space for residents. Currently, the park enjoys a blend of long-term and newer tenants, contributing to a stable occupancy rate and a welcoming community atmosphere. The property is zoned for commercial use, presenting potential for future expansion or development. This turnkey operation offers immediate income generation, making it an attractive proposition for investors seeking a stable and profitable venture in a thriving Texas community. Financial details are available upon request.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- La Feria
- County
- Cameron
- State
- Texas
- Longitude
- -97.7998
- Latitude
- 26.1657