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3621 County Road 161
Alvin, TX 77511
Community Park of Alvin · Multifamily Property For Sale
·
12,128 SF


Investment Highlights
- Location is walking distance of two elementary schools
- Tenants pay their own electricity and trash pickup
- Underground electrical utilities, city water and sewer
- All rents collected online
- Low maintenance and well maintained community
- All units have PEX plumbing, refrigerator, washer/dryer
Executive Summary
Introducing the Community Park of Alvin MHP, a prime investment opportunity at 3621 County Road 161, Alvin, Texas 77511. This well-maintained mobile home park boasts convenient amenities and a strategic location within walking distance of two elementary schools. With tenants responsible for utilities and trash pickup, the park offers a hassle-free management experience. Benefiting from underground utilities, LED lighting, and a reliable drainage system in Flood Zone X, this property requires low maintenance. The park features modern homes with galvanized aluminum skirting, enhancing its curb appeal. Positioned in a growing submarket with low vacancy rates, this property presents a lucrative investment in a thriving community. Furthermore, the economic development in Alvin, including new home expansions and proposed medical facilities, indicates a positive outlook for real estate in the area. Don't miss out on this opportunity to own a high-performing mobile home park in a developing market. Contact us today for more information. Stabilized and proven mobile home park in a healthy and growing submarket. Well developed property with excellent tenants and no deferred maintenance issues. All 1 year leases with room to raise rents upon renewal.
Property Facts Under Contract
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Washer/Dryer
- Ceiling Fans
- Refrigerator
- Range
- Tub/Shower
- Yard
- Deck
- Double Pane Windows
- Handrails
- Pantry
- Porch
- Smoke Free
- Vinyl Flooring
Site Amenities
- Courtyard
- Gated
- Trash Pickup - Curbside
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 6 | $1,392 CAD | - |
| 2+1 | 8 | $1,731 CAD | - |
Property Taxes
| Parcel Number | 0478-0022-122 | Improvements Assessment | $187,390 CAD |
| Land Assessment | $104,580 CAD | Total Assessment | $291,970 CAD |
Property Taxes
Parcel Number
0478-0022-122
Land Assessment
$104,580 CAD
Improvements Assessment
$187,390 CAD
Total Assessment
$291,970 CAD
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