$420,000
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SOLD DATE : 08/08/2022
Key Details
Property Type Multi-Family
Sub Type Multiple Detached Dwellings
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 77139854
Sold Date 08/08/22
Year Built 1998
Property Description
Huntsville is HOT! Opportunity for investors on a 10-acre tract with 5 rental units occupying 2 of the acres. This is a charming property with 3 single wide mobile homes, 1 double wide manufactured home, and 1-bedroom barndo. Each home has carport parking, storage, and decks (unseen in other mobile home parks). 1 - 16'x75', 3/2 home, 1 - 16'x75', 3/2, 1 - 16'x86', 3/2, 1 - 30'x76', 4/3 manufactured home. This property is small enough for first time investor yet large enough for experienced developers AND there is hook ups for a 25'x44' double wide and up to a 14'x72' single wide for additional income! Partly wooded, dead end country road, quiet and charming. Cap rates in SW Huntsville around 9%, 7% in the city.
Location
State TX
County Walker
Area Huntsville Area
Interior
Heating Central Electric, Propane
Cooling Central Electric
Exterior
Utilities Available Cable, Electric, Gas, Water
Roof Type Composition,Other
Parking Type Carport Parking
Building
Lot Description Cleared, Wooded
Story 1
Lot Size Range 5 Up to 10 Acres
New Construction No
Schools
Elementary Schools Samuel W Houston Elementary School
Middle Schools Mance Park Middle School
High Schools Huntsville High School
School District 64 - Huntsville
Others
Restrictions None
Tax ID 34467
Acceptable Financing Cash Sale, Conventional, Exchange or Trade, Investor
Disclosures Sellers Disclosure
Listing Terms Cash Sale, Conventional, Exchange or Trade, Investor
Financing Cash Sale,Conventional,Exchange or Trade,Investor
Special Listing Condition Sellers Disclosure
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Bought with EW & Associates Realty, LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
tricia@triciaturnerproperties.com
10419 W Hidden Lake Ln, Richmond, Texas, 77046, United States