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$1,100,000
Est. payment /mo
5.18 Acres Lot
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Key Details
Property Type Commercial
Sub Type Building
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26009372
Construction Status Pre-owned
Year Built 2016
Annual Tax Amount $2,209
Tax Year 2026
Lot Size 5.180 Acres
Acres 5.18
Property Sub-Type Building
Source Greater Tyler Association of REALTORS
Property Description
Excellent opportunity to acquire a portfolio of seven income-producing manufactured homes situated on approximately 5.18 acres. Built between 2016 and 2018, these well-maintained homes offer immediate cash flow with significant upside potential. The portfolio consists of a mix of 3-bedroom and 4-bedroom floor plans, with five properties currently on month-to-month leases, allowing a new owner the opportunity to adjust rents toward market rates. The portfolio is currently generating approximately $8,250 per month ($99,000 annually) with a projected market rent of approximately $10,300 per month ($123,600 annually), providing an estimated annual upside of $24,600. Large lot sizes ranging from approximately 0.50 to 0.89 acres add to the appeal for long-term tenants. Existing occupancy provides immediate cash flow while offering substantial value-add potential.
Location
State TX
County Smith
Interior
Furnishings Pre-owned
Building
Lot Description See Remarks
Construction Status Pre-owned
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Listed by Stephanie Taylor Prime Capital Real Estate Group
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