This Land Property is no longer advertised on LoopNet.com.

83 Roots Rd
Martindale, TX 78655

Cash Flow Mobile Home Park Near San Marcos · Land For Sale · 3.00 AC

INVESTMENT HIGHLIGHTS

  • Turn-key and cash flowing
  • 100% occupied
  • Near San Marcos
  • 3 acres and 6 mobile homes - individual parcel surveys available
  • 7.5% cap rate
  • Upside in rents for additional income

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Manufactured Homes or Mobile Home Park
Total Lot Size 3.00 AC

DESCRIPTION

Cash Flow Mobile Home Park Land For Sale Near San Marcos, Texas Rare turn-key investment property! Income-producing mobile home park for sale: a total of three acres with 6 units. With no restriction or zoning, this 100% occupied property is at a 7.5% Cap Rate! This low-maintenance cash flow property is located minutes away from Toll 130 & IH-35 and nearby big franchises. Surveys for each parcel are available. Even with a gross income of $8294 monthly, there's room for higher income to meet the market!

ZONING

Zoning Code No zoning or restrictions
  • Listing ID: 28764840

  • Date on Market: 6/15/2023

  • Last Updated:

  • Address: 83 Roots Rd, Martindale, TX 78655