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456 Jeans TLPK 12 Unit Apartment Building Offered at $699,000 Hemphill, TX 75948

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Executive Summary

Investment opportunity near Toledo Bend Reservoir! This mobile home park sits on approximately 11 acres and includes an established income-producing business with eight leased mobile home spaces currently occupied by tenant-owned homes. In addition to the mobile home spaces, the property features, one single-family house, an additional mobile home and two rental cabins (with 12 potential rental units). There is also a covered two-car parking/storage area ideal for equipment or additional storage. Each unit is separately metered for electricity. The property is serviced by one main water supply and septic system. With additional acreage available for expansion, there is excellent potential to add more cabins, RV spaces, or mobile home sites. Located just minutes from Toledo Bend Reservoir, this property is well positioned for long-term tenants, vacation rentals, or RV storage catering to lake visitors and outdoor enthusiasts.

Property Facts

Price	$699,000	Property Type	Multifamily
Price Per Unit	$58,250	No. Stories	1
Sale Type	Investment	Year Built	1940
Sale Condition	Business Value Included	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
No. Units	12

Price	$699,000
Price Per Unit	$58,250
Sale Type	Investment
Sale Condition	Business Value Included
No. Units	12
Property Type	Multifamily
No. Stories	1
Year Built	1940
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.