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Deer Haven 000 TBD 5 Unit Mobile Home Park $1,355,722 CAD ($271,144 CAD/Unit) 7.63% Cap Rate Kerrville, TX 78028

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INVESTMENT HIGHLIGHTS

  • Immaculate 10 Acres, Mobile Home /Multi-family Community with 5 units and expansion opportunity
  • Gross revenue $84,640; 2024 taxes were $3,484 and insurance is $3,800
  • Interior road system and wet weather creek and pond
  • Multiple options for investors or owner/operator; outside of the city limits and ETJ
  • Private fenced yards and car ports, all positioned to take advantage of the views and mature trees for ultimate enjoyment and privacy

EXECUTIVE SUMMARY

INVESTMENT OPPORTUNITY
Deer Haven - Mobile Home Community - Kerrville, Texas
10 Acres | Kerrville South | Kerr County
________________________________________
We are pleased to present an exceptional investment opportunity featuring a fully occupied mobile home community in “Kerrville South,” located in Kerrville, Kerr County, Texas. This turnkey investment offers immediate cash flow with strong fundamentals and a proven rental history.
FINANCIAL HIGHLIGHTS
• Gross Revenue: $84,640
• Fixed Expenses:
o Taxes: $3,484 (2024)
o Insurance: $3,800
• Picturesque hill country setting with 5 mobile home units included (5,192 sq ft total)
• Private fenced yards and car ports, all positioned to take advantage of the views and mature trees for ultimate enjoyment and privacy
• 2,500-gallon water storage tank with booster pump
• Interior gravel road system
• Wet weather creek and pond
• 18x30 metal workshop included; tractors, equipment and supplies may be purchased with separate offer for non-realty items
• OCL Zoning - No restrictions
• Seller financing option available for qualified buyers
LOCATION ADVANTAGES
• Kerrville South, located in Kerrville, Kerr County, Texas 78028 - Growing Hill Country market
• Population: 54,027 with 96% employment rate
• Median household income: $68,895
• Strong demand for affordable workforce housing
EXPANSION POTENTIAL
• Significant underdeveloped land on 10-acre site
• Potential for additional units
• Existing infrastructure supports growth
INVESTMENT STRENGTHS
- Above-market cap rate in stable market
- Low maintenance mobile home community
- Established tenant base with regular rent increases
- Diversified income from 5 separate units
- Well managed by owner
- Water-secure with centralized well and access to a public water supply with Texas Utilities (administrative fees, hook-up fees and infrastructure costs may apply)
IDEAL FOR:
• Investors seeking steady cash flow with growth potential
• Long-term hold strategy with 3-5 year expansion timeline
• Seller financing option may be available for qualified buyers
________________________________________
Strong fundamentals meet expansion opportunity in Texas Hill Country
This represents a rare chance to acquire a cash-flowing mobile home community with significant development upside in a growing market.
Contact for additional information and due diligence materials

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual -
Annual Per SF -

PROPERTY FACTS

Price $1,355,722 CAD
Price Per Unit $271,144 CAD
Sale Type Investment
Cap Rate 7.63%
No. Units 5
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Apartment Style Single-Family Home
Building Class C
Lot Size 10.15 AC
Building Size 5,192 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 2009/2022
Zoning OCL - Outside of the City Limits and ETJ
  • Listing ID: 29742673

  • Date on Market: 2023-10-09

  • Last Updated:

  • Address: 000 TBD, Kerrville, TX 78028

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