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OFF-MARKET
Specialty properties

7320 New Sulphur Springs Rd San Antonio, TX 78263

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Property summary
AI-generated overview

This exceptional investment opportunity presents the Spring Crossing Mobile Home Park, a 14.88-acre property situated in San Antonio, Texas, at 7320 New Sulphur Springs Rd, zip code 78263, in Bexar County. The park features 23 mobile home lots, with only two currently vacant, offering immediate income potential. The property includes a roughly 12,000 square foot building with potential for leasing income. Approximately 6 acres are developed with mobile home lots, while an additional 5 acres remain undeveloped, presenting significant expansion potential for additional mobile homes or other uses. The park's infrastructure includes 20 septic systems for mobile homes and three aerobic systems, along with two existing sewer USAs (with a 3-year agreement). Future sewer expansion is planned along New Sulphur Springs Road. The property's convenient location near Loop 410 provides easy access to shopping and restaurants. The zoning is OCL. One loading dock is present on the property. The property also includes approximately 3 acres of frontage with potential for RV park expansion. This established mobile home park offers a compelling combination of existing income and substantial future development potential, making it an attractive investment opportunity. The asking price is $1,878,160. Showings are by appointment only.

Property profile
Verified
Property type Specialty properties
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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