7320 New Sulphur Springs Rd San Antonio, TX 78263
For Sale
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Turn-Key Income Producing Property with option to expand 14.88 acres / 23 Lots (now 24 lots), approximately 5 acres undeveloped 12,000sf Warehouse (potential multi-tenant leasing income) Septic/Aerobic Systems, Sewer Now Available For Sale - Spring Crossing Mobile Home Park, San Antonio Texas (7320 New Sulphur Springs Road, San Antonio, Texas 78263) ~ Listed at $1,778,160 ~ A 12,000-square-foot warehouse building currently used for storage by the property owner and has potential multi-tenant rental income. ~ Property located approximately 3 miles from Loop 410 and convenient to businesses, schools, shopping and restaurants. ~ The sewer expansion is a huge part of the future development on undeveloped land that is already platted MHP. The sewer expansion was completed in July 2024. Please click the Google Drive link (below) to better understand the potential MHP expansion within the already platted mobile home park vacant land. Google Maps Drive https://goo.gl/maps/fEdtjX67auELhqHV9 Land: 14.88 acres (platted Mobile Home Park located in ETJ - survey attached) Frontage +/- 3 acres (potential RV expansion) is in the 100 flood plain Warehouse Building (building size +/- 12,000sf; potential leasing income ) Land w/ Developed Lots +/- 6 acres (currently 23 MH lots adding 1 more); paved road through the park Undeveloped Land +/- 5 acres (potential MH Lots expansion) https://www.sanantonio.gov/Planning/PlanningUrbanDesign/Annexation#233953653-extraterritorial-jurisdiction-etj 24 Mobile Home Lots (currently 23 MH lots and splitting one lot that just moved out into 2 lots) Currently on Septic: 20 Septics 3 Aerobic Systems 1 Aerobic System for Warehouse Sewer Expansion (completion July 2024): Lift station across the street from MHP Let me know if you have any questions or like to schedule a time to visit the property. Thank you, Melissa
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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