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296 Vasbinder Ln La Vernia, TX 78121
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Key Details
Property Type Commercial
Sub Type Mobile Home Park
Listing Status Sold
Purchase Type For Sale
Square Footage 1,429 sqft
MLS Listing ID 2004863
Year Built 1987
Annual Tax Amount $6,206
Lot Size 5.990 Acres
Property Sub-Type Mobile Home Park
Property Description
PRICED BELOW APPRAISAL, SELLING AS IS - MOBILE HOME PARK INVESTMENT OPPORTUNITY IN LA VERNIA! Unlock the potential of this 5.99-acre mobile home park investment in the rapidly growing community of La Vernia. This property offers an excellent combination of existing cash flow, and established infrastructure. The property currently features 5 developed mobile home spaces, with 3 spaces leased month-to-month and 2 currently vacant, providing an immediate opportunity to increase occupancy and income. The occupied spaces are home to tenant-owned mobile homes, allowing an investor to generate rental income from the spaces without owning the homes. Separate electric meters are already in place. There are 5 septic tanks. The property also includes an 18' x 77' Palm Harbor single wide manufactured home offering 3 bedrooms and 2 bathrooms, along with a detached storage building and a livestock pen with covered barn area. Whether you're looking to expand an existing portfolio, increase occupancy and cash flow, or capitalize on future development, this property offers multiple avenues for value creation. Bring your vision and take advantage of the existing income stream and significant upside potential this La Vernia property has to offer. Taxed in Guadalupe and Wilson County.
Location
State TX
County Guadalupe
Area 2708
Zoning NONE
Interior
Heating Central
Cooling Central
Exterior
Garage Spaces 10.0
Utilities Available Electricity, Water, Septic
Roof Type Composition
Building
Story 1
Foundation Other
Schools
School District La Vernia Isd.
Others
Acceptable Financing Sale Only, Cash, Conventional
Listing Terms Sale Only, Cash, Conventional
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