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11891 FM 1409 25 Unit Mobile Home Park $650,000 ($26,000/Unit) 5.38% Cap Rate Dayton, TX 77535



EXECUTIVE SUMMARY
Some mobiles Home were remodeled in 2023 and new roof back in 8/2023
Laundry room 1 washer and 2 dryer is active working now
New Barn apartment 1bed.1bath unit is leased out 3/24 for $800
Mobile home tenant pay their own electric bills
TOTAL 22 RV HOOK UP + 2 MOBILE HOMES
Landlord is current making plan to put in small home unit on the Right side, that's why no tenant on the Right and left VACANT
Laundry room 1 washer and 2 dryer is active working now
New Barn apartment 1bed.1bath unit is leased out 3/24 for $800
Mobile home tenant pay their own electric bills
TOTAL 22 RV HOOK UP + 2 MOBILE HOMES
Landlord is current making plan to put in small home unit on the Right side, that's why no tenant on the Right and left VACANT
PROPERTY FACTS
| Price | $650,000 | Building Class | C |
| Price Per Unit | $26,000 | Lot Size | 2.52 AC |
| Sale Type | Investment | Building Size | 25,000 SF |
| Cap Rate | 5.38% | Average Occupancy | 100% |
| No. Units | 25 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1995/2022 |
| Property Subtype | Manufactured Housing/Mobile Home | Parking Ratio | 0.72/1,000 SF |
| Zoning | A1 | ||
| Price | $650,000 |
| Price Per Unit | $26,000 |
| Sale Type | Investment |
| Cap Rate | 5.38% |
| No. Units | 25 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 2.52 AC |
| Building Size | 25,000 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1995/2022 |
| Parking Ratio | 0.72/1,000 SF |
| Zoning | A1 |
AMENITIES
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 25 | - | - |
1 1
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11891 FM 1409
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