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1400 E H Ave
Nolanville, TX 76559

Cimarron Park Estates · Multifamily Property For Sale · 640 SF

PROPERTY FACTS

No. Units 97
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Apartment Style Low Rise
Building Class B
Lot Size 14.88 AC
Building Size 640 SF
Average Occupancy 92%
No. Stories 1
Year Built 1993
Parking Ratio 2.14/1,000 SF

Site Amenities

  • Picnic Area
  • Playground
  • Pool
  • Grill

About 1400 E H Ave , Nolanville, TX 76559

Capstone Manufactured Housing is pleased to present Cimarron Park Estates: a 97-site community located in Nolanville, TX. Nolanville is just minutes outside of Killeen, a midway destination point between Austin and Waco. The property is a well-maintained asset with a family-friendly atmosphere featuring a pool, playground, and picnic area. Cimarron Park features in-place operational efficiencies, including sub-metered water/sewer as well as annual rental increases upon every lease renewal: both of these factors aid in increasing value year-over-year. Nolanville presents an extremely strong manufactured housing rental market with average occupancy at 92%. Overall this offering presents the opportunity to acquire a well-maintained, cash-flowing asset with in-place operational efficiencies.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 97 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
106686
Land Assessment
$223,217
Improvements Assessment
$1,875,934
Total Assessment
$2,099,151

zoning

Zoning Code R-MH
R-MH
  • Listing ID: 15044842

  • Date on Market: 2/1/2019

  • Last Updated:

  • Address: 1400 E H Ave, Nolanville, TX 76559

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