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11891 FM 1409 25 Unit Mobile Home Park $595,000 ($23,800/Unit) 5.88% 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
Owner Financing available
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
Owner Financing available
PROPERTY FACTS
| Price | $595,000 | Building Class | C |
| Price Per Unit | $23,800 | Lot Size | 2.52 AC |
| Sale Type | Investment | Building Size | 25,000 SF |
| Cap Rate | 5.88% | 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 | $595,000 |
| Price Per Unit | $23,800 |
| Sale Type | Investment |
| Cap Rate | 5.88% |
| 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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