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2300 E Business 83
Weslaco, TX 78596
Magic Valley RV/Mobile Home Park · Multifamily Property For Sale · 16,098 SF

PROPERTY FACTS

No. Units 389
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Apartment Style Garden
Building Class C
Lot Size 28.36 AC
Building Size 16,098 SF
No. Stories 1
Year Built 1992
Zoning CO

AMENITIES

SITE AMENITIES

  • Clubhouse
  • Fitness Center
  • Laundry Facilities
  • Picnic Area
  • Property Manager on Site
  • Gated
  • Furnished Units Available
  • Media Center/Movie Theatre
  • Pet Play Area
  • Planned Social Activities
  • Wi-Fi
  • Lounge
  • Maintenance on site
  • Multi Use Room

ABOUT 2300 E BUSINESS 83 , WESLACO, TX 78596

389-SITE RV & MOBILE HOME PARK - Magic Valley Park is a 389- site "Over 55" RV and Mobile home park. The park is a gated community, and managers live on site. Numerous community & recreational facilities. Residents can choose from over twenty planned events including sports, music, card and board games, church and others. SEASONAL RENTALS - Much of the park is rented on a seasonal basis with up to six months of rent paid upfront. MIX OF SITES AND RENT STRUCTURES - The park offers sites for Tenant-Owned Homes, Park-Owned Homes, Park-Owned RV's, Transient RV's and Big Rigs. An prospective buyer could leverage the park mix to suit their desired income profile. CAPITAL IMPROVEMENTS - Recent capital improvements include $50,000 upgrades to lobby restrooms and $20,000 for new heating and pump equipment for the pool. Asphalt roads were improved at an expense of $5,300. Additional items included pothole repair and road seal coat as well as repairs to gates and chain link fencing.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
M0505-00-000-0002-00
Land Assessment
$1,091,918
Improvements Assessment
$2,512,019
Total Assessment
$3,603,937
  • Listing ID: 14897282

  • Date on Market: 1/17/2019

  • Last Updated:

  • Address: 2300 E Business 83, Weslaco, TX 78596

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