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509 Broadway St 4,707 SF Specialty Building Offered at $1,125,000 in Fulton, TX 78358
Investment Highlights
- close to fishing, bars, restaurants, open land for development, steady cash flow
Executive Summary
Trailer Park. Owner willing to finance, please email me rather than calling ... johnkemmerly@yahoo.com
Property is four blocks from the water, bait stands, a fishing pier, and entertainment district with bars and restaurants. The area has taken off recently with tourists, fishermen, and vacation homes. A nearby trailer park has been cleaned up, and developers have now started tearing down old homes and building new ones. This is an opportunity to invest in Rockport/Fulton before it becomes too expensive. This park has untapped potential for manufactured homes, park models, tiny homes, RVs, a motel or whatever you want.
9 city lots, approx. 1.3 acers
6 cottages that need updating … 2 of the cottages are rented for $775 each, 1 for $950, and 1 for $675.
1 mobile home rented for $800
7 RV/mobile home slips are available with room for many more … 2 of the 7 slips are rented for $400 each
Total current income: $4,725
Price for property: $1,125,000 … (125k per city lot, not selling separately)
Property is four blocks from the water, bait stands, a fishing pier, and entertainment district with bars and restaurants. The area has taken off recently with tourists, fishermen, and vacation homes. A nearby trailer park has been cleaned up, and developers have now started tearing down old homes and building new ones. This is an opportunity to invest in Rockport/Fulton before it becomes too expensive. This park has untapped potential for manufactured homes, park models, tiny homes, RVs, a motel or whatever you want.
9 city lots, approx. 1.3 acers
6 cottages that need updating … 2 of the cottages are rented for $775 each, 1 for $950, and 1 for $675.
1 mobile home rented for $800
7 RV/mobile home slips are available with room for many more … 2 of the 7 slips are rented for $400 each
Total current income: $4,725
Price for property: $1,125,000 … (125k per city lot, not selling separately)
Property Facts
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | R52770 | Improvements Assessment | $112,500 |
| Land Assessment | $337,500 | Total Assessment | $450,000 |
Property Taxes
Parcel Number
R52770
Land Assessment
$337,500
Improvements Assessment
$112,500
Total Assessment
$450,000
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Videos
Matterport 3D Exterior
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Photos
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Presented by
John Kemmerly
509 Broadway St
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