2711 Msn Rd San Antonio, TX 78214-1840

Property Details for 2711 Msn Rd

Lot size

1.52 lot acres

Property type

Commercial real estate

APN

07707-019-0013

APU

77070190013

Description

This exceptional investment opportunity presents a portfolio of two mobile home parks in San Antonio, Texas, totaling 39 sites. Boasting a remarkable 95% occupancy rate, this property generates a strong pro-forma NOI of $125,942, resulting in an attractive pro-forma cap rate of 8.13%. The asking price for this well-maintained portfolio is $1,550,000, translating to a price per pad of $39,744. Conveniently located less than half a mile apart at 2711 and 3000 Mission Rd, San Antonio, TX 78214, in Bexar County, these parks offer significant management and maintenance efficiencies. Their strategic location, just 15 minutes from downtown San Antonio, ensures excellent accessibility and high resident appeal. The parks are situated on a combined 3.32 acres and benefit from all public utilities. This turnkey investment is ideal for experienced investors seeking a stable, high-performing asset in a thriving Texas market. The properties offer a compelling combination of strong cash flow, high occupancy, and convenient access to a major metropolitan area. This is a rare opportunity to acquire a well-established portfolio with significant upside potential.