BETTER THAN A PARK! I am motivated due to family reasons. This property is a beautiful Mobile Home Subdivision that has the best of either leasing or owner-financed investing opportunities. Presently it consists of land notes, manufactured home & land notes as real property, and 22 empty lots to fill now or wait a few years to spread out the cash flow. Manufactured homes are the most affordable type of home ownership! There will always be demand and the worse things are the better this business does. 47 land notes, 34 land and home notes, and 21 empty lots. It's part of a 172 lot subdivision where 63 have paid off. Very stable and income producing for years! Occupancy represented below is explained with the following: 88% of overall and 81% of available is percentage occupancy. I am selling while there are available lots because each investor will have their own ideal use in mind.
Income producing property that's an excellent investment for the next 20+ years! Located in Weslaco, TX, which is in the Rio Grande Valley. Far south Texas near McAllen, TX, in a rapidly growing area. Twenty minutes to McAllen/Edinburg/Mission area and 1 hour to the beach! Expressway 83 is only .25 miles from this subdivision and has 75,000 counts daily. Within 1 mile radius are Home Depot, 2 Walmarts, Weslaco High, middle and elementary, Community College, Office Depot, Olive Garden, LongHorn Steakhouse, 2 HEB Grocery stores, Chic-fil-A, McDonald's, Chili's, Denny's, Applebee's, Starbucks, and many more.
