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ALL INCLUSIVE STAYS 9497 State Highway 35 N 12 Unit Mobile Home Park $3,489,800 CAD ($290,817 CAD/Unit) 8.88% Cap Rate Van Vleck, TX 77482

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INVESTMENT HIGHLIGHTS

  • TURN KEY OPERATION
  • HIGH OCCUPANCY
  • LOW MAINTENANCE

EXECUTIVE SUMMARY

PRIME INVESTMENT OPPORTUNITY. MAY BE ROOM FOR IMPROVEMENT.

ATTACHMENTS

Flyer

FINANCIAL SUMMARY (ACTUAL - 2022) Click Here to Access

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

FINANCIAL SUMMARY (ACTUAL - 2022) Click Here to Access

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

PROPERTY FACTS

Price $3,489,800 CAD
Price Per Unit $290,817 CAD
Sale Type Investment
Cap Rate 8.88%
Sale Condition Business Value Included
No. Units 12
Property Type Multifamily
Property Subtype
Manufactured Housing/Mobile Home
  • Multifamily Apartments
  • Multifamily Dormitory
Apartment Style Single-Family Home
Building Class C
Lot Size 4.83 AC
Building Size 4,696 SF
Average Occupancy 100%
No. Stories 1
Year Built 2017
Opportunity Zone Yes
Zoning NONE - NONE

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Satellite TV

SITE AMENITIES

  • 24 Hour Access
  • Business Center
  • Concierge
  • Laundry Facilities
  • Waterfront
  • Corporate Suites
  • Bicycle Storage
  • Community-Wide WiFi
  • Pond

ABOUT 9497 STATE HIGHWAY 35 N , VAN VLECK, TX 77482

INCOME PRODUCER! TURN-KEY SETUP. ALL OF THE HARD WORK HAS BEEN DONE. NOW IT IS TIME FOR SOMEONE TO COME IN AND TAKE THE REIGNS AS THE NEW OWNER. A LOT OF BLOOD, SWEAT, AND TEARS HAVE GONE INTO MAKING THIS A FINELY OILED, MONEY MAKING MACHINE. BUY TODAY AND RECEIVE AN EASY 8.88+% CAP RATE; OR MAKE ADJUSTMENTS TO SUIT YOUR GOALS. Call/text 9798492900 for questions.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11079
Land Assessment
$76,109 CAD (2024)
Improvements Assessment
$550,883 CAD (2024)
Total Assessment
$626,992 CAD (2024)
  • Listing ID: 28742310

  • Date on Market: 2023-06-13

  • Last Updated:

  • Address: 9497 State Highway 35 N, Van Vleck, TX 77482

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