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12362 County Road 331A 3 Unit Mobile Home Park $625,000 ($208,333/Unit) Terrell, TX 75161

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INVESTMENT HIGHLIGHTS

  • The Terrell multi-family/retail investment enjoys a convenient location in close proximity to the picturesque Lake Tawakoni.
  • Great accessibility to both Highway 20 and the vibrant Dallas metro area, ensuring convenient transportation options for residents and visitors alike.
  • The city of Terrell is projected to experience a significant population growth, with an estimated increase of 25% between 2023 and 2028.
  • Anticipating apartment rents within the Terrell market will experience a consistent upward trend, indicating a projected steady increase.

EXECUTIVE SUMMARY

BRING ALL OFFERS! DETERMINED SELLER,
HUGE SHOP with 2 BR 1 BA and Kitchen! 12362 County Road presents a tranquil living environment with the added benefit of generating rental income from tenants. This property comprises three residential houses, a guest house, and a workshop, offering diverse potential. Situated on a spacious 2.43-acre lot, the Terrell investment boasts a total area of 10,434 square feet. Constructed in 1980, these three multifamily spaces present a unique chance to invest in a location outside the bustling Dallas metro area.

ATTACHMENTS

PNL

PROPERTY FACTS

Price $625,000
Price Per Unit $208,333
Sale Type Investment
No. Units 3
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Apartment Style Single-Family Home
Building Class C
Lot Size 2.43 AC
Building Size 10,434 SF
No. Stories 1
Year Built 1980
Zoning A2 - Commercial

AMENITIES

UNIT AMENITIES

  • Kitchen
  • Tub/Shower
  • Listing ID: 27431048

  • Date on Market: 1/4/2023

  • Last Updated:

  • Address: 12362 County Road 331A, Terrell, TX 75161

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