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Holloway Mobile Home Park 516 Silver Maple St 1 Unit Mobile Home Park $1,650,000 ($1,650,000/Unit) 4.40% Cap Rate Fredericksburg, TX 78624
INVESTMENT HIGHLIGHTS
- Rare opportunity to own property in R-4 zone in Fredericksburg, Texas
- Business opportunity!
- Great investment!
EXECUTIVE SUMMARY
Prime investment opportunity! Manufactured Home Park in Frederickburg, Texas. The Holloway Mobile Home Park on 1.55 acres in R-4 Manufactured Home Residential zoning is available for the first time. Included is a stick-built 3BR/1BA home w/ 1,184 sq. ft. that was built in 1941, a 1998 manufactured home w/ 1,056 sq. ft & 15 manufactured home sites. There is total of 16 separate electric meters & common city water & sewer taps. The mobile home park fronts on 3 streets including S. Milam St., Silver Maple St., & W. Walch St. & also includes multiple outbuildings, carports, & a water well. Fourteen manufactured homes belong to the tenants & are not included.
PROPERTY FACTS
| Price | $1,650,000 | Property Subtype | Manufactured Housing/Mobile Home |
| Price Per Unit | $1,650,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 1.55 AC |
| Cap Rate | 4.40% | Building Size | 2,240 SF |
| No. Units | 1 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1941 |
| Zoning | R-4 - R-4 Manufactured Home Residential zoning | ||
| Price | $1,650,000 |
| Price Per Unit | $1,650,000 |
| Sale Type | Investment |
| Cap Rate | 4.40% |
| No. Units | 1 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 1.55 AC |
| Building Size | 2,240 SF |
| No. Stories | 1 |
| Year Built | 1941 |
| Zoning | R-4 - R-4 Manufactured Home Residential zoning |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 1 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 10256 | Improvements Assessment | $103,190 |
| Land Assessment | $262,190 | Total Assessment | $365,380 |
PROPERTY TAXES
Parcel Number
10256
Land Assessment
$262,190
Improvements Assessment
$103,190
Total Assessment
$365,380
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Holloway Mobile Home Park | 516 Silver Maple St
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