Description
Picturesque 10-acre multi-family mobile home community, offering positive cash flow with 5 units, and room to grow. noi is $84,150, yielding a 7.7 cap rate. the property is fully fenced and has a wet weather creek and pond. the units are serviced by a 480’ deep well which had a new pump installed in 2020, and also has a 2500 gallon storage tank and new booster pump installed in 2022. there is a spacious 18x30 metal workshop that currently stores the owner’s equipment. the five residential units are well maintained ranging from 1986-2018, with remodels in 2022.each unit has a private fenced yard and views of the hills. the interior road provides access to each unit, and also to future site.
Property Type
FarmCounty
KerrStyle
FarmAD ID
48999474
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Property Details
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Interior Features
Bathroom Information
- Total Baths: 9
- Full Baths: 9
Interior Features
- Roof: Shingle
Roofing Information
- Shingle
Flooring Information
- Wood
Heating & Cooling
- Heating: Central
- Cooling:
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Property / Lot Details
Lot Information
- Lot Dimensions: 709x677
- Lot Description: Level
- Main Square Feet: 10
Property Information
- Subdivision: Hidden Valley Ranch
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Taxes / Assessments
Tax Information
- Annual Tax: $3484
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- DetachedCarport
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School, Utilities & Location Details
School Information
- Elementary School: Outside School District
- Junior High School: Outside School District
- Senior High School: Outside School District
Utility Information
- ElectricityConnected,WaterConnected
Location Information
- Direction: This is agent open only with minimum 24 hour notice. Once qualified buyer is established, we will meet and disclose location. It is 7 miles outside of Kerrville
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BuyOwner last updated this listing 03/25/2025 @ 22:40
- MLS: 1194932
- LISTING PROVIDED COURTESY OF: Lisa Grove, Phyllis Browning Company
- SOURCE: ACTRIS
is a Land, with 13 bedrooms which is for sale, it has 5,192 sqft, 10 sized lot, and 0 parking. are nearby neighborhoods.