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

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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

ATTACHMENTS

RV Park_ SURVEY
MAPLE RV PARK SITE PLAN
11891 FM 1409 RV_ Expense
Flyer

PROPERTY FACTS

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 - -
  • Listing ID: 31492180

  • Date on Market: 4/12/2024

  • Last Updated:

  • Address: 11891 FM 1409, Dayton, TX 77535

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