Address
TBD Fentress Star Road Fentress, TX
Price
$ 1,011,000
Property Attributes
  • MLS#456913
  • TypeCommercial
  • CountyCALDWELL
  • CityFentress
  • NeighborhoodFentress Star Mh Park
  • Zip78622
  • StyleCommercial
  • Price$ 1,011,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage12133
  • Lot Size5.11 Acres
Listing Provided Courtesy Of:
Century 21 Randall Morris & As
Data Source:
Central Texas / Four Rivers Association of REALTORS® (CTXMLS) - 277 - TX
Property Description

INCOME PRODUCING PROPERTY!! $8,875 PER MONTH GROSS INCOME. This mobile home park has 10 owned units that are rented out monthly and 6 rented mobile home spaces. There are also 2 vacant RV Hook up and there is one vacant Mobile home space. This property has a very low vacancy rate and stays full! This property is located in an ideal location and the overhead is low making this a very strong cash-flowing property. All units are individually metered and utilities are paid by the tenants. Estimated Annual Net Income is $91,057.50 or $7,588.12 per month. The seller does not have a property manager and they maintain the grounds themselves. Their only costs are insurance, taxes and vacancy/make readies when needed. Insurance was $851 for liability and $3,209 for trailers for 2020. Each unit had a water meter owned by Fentress Star Mobile Home Park but the tenants pay for the bill and each unit is individually metered in the tenants’ name.

Price History
11/17/2021 Listed $1,011,000

General Features

Accessibility Level Lot
Association Amenities None
Building Name FENTRESS STAR MOBILE HOME PARK
Business Type Mobile/Trailer Park
Co-Listing Agent State License # 0702618
Community Features None
Construction Materials Other, See Remarks
Elementary School District Prairie Lea ISD
Heating Other, See Remarks
High School District Prairie Lea ISD
Leasable Area 12133
Levels Other
Listing Agent State License 0672721
Middle/Junior School District Prairie Lea ISD
Possible Use Other, See Remarks
Property Sub Type Additional Commercial
Property SubType Commercial
Property Type Commercial Sale
PropertyCondition Resale
Sewer Septic Tank
Status Active
Subdivision Name Fentress Star Mh Park
Utilities Other, See Remarks
View None
Water Body Name None

Interior Features

Living Area 12133

Exterior Features

Foundation Details Other, See Remarks
Lot Size Acres 5.11
Lot Size Area 5.11
Parking Features Parking Space(s)
Road Frontage Type City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 78622

Price
AVG $1.01M
$1.01M

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