Current Use by Public Records
- Country Lane Park / Park
Property Details for 1607 George Thomas Rd
- Lot size
- 2.74 lot acres
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a well-established 7-unit mobile home park situated on a spacious 2.74-acre lot in Texarkana, Texas. Located at 1607 George Thomas Rd, in Bowie County, this Class C multifamily property (APN 07980005400) offers a compelling return on investment. The park currently boasts 7 occupied mobile home lots and an additional 2 vacant pads, providing immediate income and significant upside potential for future growth. The asking price is $330,000, translating to approximately $47,143 per unit. The property is offered fee simple, providing complete ownership. Detailed rent rolls are available upon request, allowing prospective buyers to thoroughly assess the current income stream and projected profitability. This turnkey operation presents a rare chance to acquire a stable and cash-flowing asset in a desirable location. The property's nine buildings, including seven occupied mobile homes and two vacant pads, offer a blend of immediate income and expansion opportunities. This is an ideal investment for those seeking a proven, income-generating property with potential for further development. Don't miss this chance to own your own cash-flowing mobile home park in the thriving Texarkana market.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Texarkana
- County
- Bowie
- State
- Texas
- Longitude
- -94.0852
- Latitude
- 33.3218
