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4612 County Road 616 - 4612 County Road 616 10 Unit Apartment Building Offered at $2,077,860 CAD Alvarado, TX 76009
Investment Highlights
- Mobile Home Park
- Acreage
- Investments
Executive Summary
Exceptional income-producing investment opportunity on 6 acres in Alvarado featuring a 10-unit mobile home park with strong cash-flow potential and long-term upside. The property includes 6 double-wide and 4 single-wide manufactured homes, comprised of nine 3-bedroom, 2-bath units and one 2-bedroom, 1-bath unit, offering an attractive unit mix for sustained tenant demand. Improvements include a 30x40 metal building, one two-car garage, one one-car garage, and six portable storage buildings, adding functional value and additional utility for operations or tenant use.
Infrastructure enhancements include underground internet service through Johnson County Electric Cooperative, supporting modern tenant needs. Nine of the ten homes feature metal roofs, reducing long-term maintenance concerns and improving durability. Established rental income with value-add potential through operational improvements, rent optimization, or future site expansion. Positioned in a growing market with continued demand for affordable housing, this asset presents an ideal opportunity for investors seeking stable returns and portfolio growth. Convenient access to major thoroughfares enhances tenant accessibility while maintaining a desirable rural setting. Rare chance to acquire a scalable manufactured housing investment with immediate income and future appreciation potential
Infrastructure enhancements include underground internet service through Johnson County Electric Cooperative, supporting modern tenant needs. Nine of the ten homes feature metal roofs, reducing long-term maintenance concerns and improving durability. Established rental income with value-add potential through operational improvements, rent optimization, or future site expansion. Positioned in a growing market with continued demand for affordable housing, this asset presents an ideal opportunity for investors seeking stable returns and portfolio growth. Convenient access to major thoroughfares enhances tenant accessibility while maintaining a desirable rural setting. Rare chance to acquire a scalable manufactured housing investment with immediate income and future appreciation potential
Property Facts
| Price | $2,077,860 CAD | Property Type | |
| Price Per Unit | $207,786 CAD | Building Size | 261,360 SF |
| Sale Type | Investment | No. Stories | 1 |
| No. Units | 10 | Year Built | 1999 |
| Zoning | Residential - Multi Family | ||
| Price | $2,077,860 CAD |
| Price Per Unit | $207,786 CAD |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | |
| Building Size | 261,360 SF |
| No. Stories | 1 |
| Year Built | 1999 |
| Zoning | Residential - Multi Family |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Wi-Fi
- Dining Room
Site Amenities
- Wi-Fi
1 1
Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 126-0195-06290 | Improvements Assessment | $323,994 CAD |
| Land Assessment | $390,638 CAD | Total Assessment | $714,631 CAD |
Property Taxes
Parcel Number
126-0195-06290
Land Assessment
$390,638 CAD
Improvements Assessment
$323,994 CAD
Total Assessment
$714,631 CAD
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Presented by
JSWickliffe & Company
4612 County Road 616 - 4612 County Road 616
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