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Snyder Mobile Home Park 2 Multifamily Properties Offered at $2,610,370 CAD in Snyder, TX



INVESTMENT HIGHLIGHTS
- High traffic area
- Open floor plans
- 2013 manufactured homes
EXECUTIVE SUMMARY
A 14 unit mobile home park situated on just under 3 acres located in Snyder, Tx 79549. This MHP offers a stable stream of income with strong potential to increase revenue by offering enough space on the property to easily add another 4-5 units which would increase long term investment. This complex is centrally located in Snyder which is in between Lubbock, Abilene, Midland and San Angelo on the edge of the Permian Basin (Oil and Gas Country). This park is positioned at the corner of Avenue E and 25th Street which turns into East Highway 180; this is a high traffic area for people who pass through Snyder on Hwy 180.
Each mobile home unit has just under 1,200sqft featuring a split floor plan with 3 bedrooms, 2 bathrooms a large kitchen and dining area that opens up into the spacious living area. The master bedrooms have their own walk-in closet & double doors that open up into a master bathroom that offers a soaking tub, stand up shower and nice sized lavatory and storage space.
This multi unit complex has a great tract record for maintaining good tenants with very low vacancies, therefore enabling it to generate great income year round.
The addresses to the units that make up this property are: 400,402, 404,406,408,410,412 and 414 27th Street & 401, 403, 405, 407, 409 and 411 28th Street
Each mobile home unit has just under 1,200sqft featuring a split floor plan with 3 bedrooms, 2 bathrooms a large kitchen and dining area that opens up into the spacious living area. The master bedrooms have their own walk-in closet & double doors that open up into a master bathroom that offers a soaking tub, stand up shower and nice sized lavatory and storage space.
This multi unit complex has a great tract record for maintaining good tenants with very low vacancies, therefore enabling it to generate great income year round.
The addresses to the units that make up this property are: 400,402, 404,406,408,410,412 and 414 27th Street & 401, 403, 405, 407, 409 and 411 28th Street
PROPERTY FACTS
| Price | $2,610,370 CAD | Status | Active |
| Price / SF | $151.44 CAD / SF | Number of Properties | 2 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 6.47% | Total Building Size | 17,237 SF |
| Sale Type | Investment | Total Land Area | 4.25 AC |
| Price | $2,610,370 CAD |
| Price / SF | $151.44 CAD / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 6.47% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 17,237 SF |
| Total Land Area | 4.25 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 402 27th St, Snyder, TX 79549 | Multifamily | 16,100 SF | 2013 | - |
| 405 28th St, Snyder, TX 79549 | Multifamily | 1,137 SF | 2013 | - |
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Snyder Mobile Home Park
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