Hunter's Way Mobile Home Park | 7008 C R 1500
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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.
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 | Property Subtype | Manufactured Housing/Mobile Home |
Price Per Unit | $49,688 | Building Class | C |
Sale Type | Investment | Building Size | 10,000 SF |
No. Units | 16 | No. Stories | 1 |
Property Type | Multifamily | Year Built | 2009 |
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 |
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Hunter's Way Mobile Home Park | 7008 C R 1500
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