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Hunter's Way Mobile Home Park 7008 C R 1500

16 Unit Mobile Home Park $795,000 ($49,688/Unit) Shallowater, TX 79363

Investment Highlights

  • 14 Mobile Homes - all park owned
  • In Shallowater School District
  • 2 single family homes

Executive Summary

Property Description
Hunter's Way Mobile Home Community consists of 14 mobile homes and 2 single family residences on 5.78 acres. The current rents average $729 and include the lot rent and rent for the unit. Potential ways to boost the value would be to sell off the mobile homes and charge lot rent only, and owner finance them. The owner currently pays the water/sewer/trash bill. This is a good opportunity to own affordable housing in a great school district.
Location Description
Hunter's Way Mobile Home Community is located northwest of Lubbock in Shallowater TX. Shallowater ISD is a very desirable and top-rated school district. The Lubbock MSA population is a estimated at over 329,000 people as of 2023.

Property Facts

Price $795,000
Price Per Unit $49,688
Sale Type Investment
No. Units 16
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Building Class C
Building Size 10,000 SF
No. Stories 1
Year Built 2009
  • Listing ID: 34232629

  • Date on Market: 12/18/2024

  • Last Updated:

  • Address: 7008 C R 1500, Shallowater, TX 79363

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