#5098657
Kerrville, TX
- 13 beds
- 9 baths
- 5,192 sqft
- ~10 acre lot
- $189 per sqft
- – on site
Picturesque 10-acre multi-family mobile home community, offering positive cash flow with 5 units, and room to grow. NOI is $74,935.00, yielding a 7.6 cap rate. The property is fully fenced and has a wet weather creek and pond. The units are serviced by a 480’ deep well which had a new pump installed in 2020, and also has a 2500 gallon storage tank and new booster pump installed in 2022. There is a spacious 18x30 metal workshop that currently stores the owner’s equipment. The five residential units are well maintained ranging from 1986-2018, with remodels in 2022. Each unit has a private fenced yard and views of the hills. The interior road provides access to each unit, and also to future sites.
Last checked:
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Last updated Sep 24, 2024
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MLS# 5098657 —
The Building
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New Construction:false
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Roof:Shingle
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Patio And Porch Features:Porch
Room Dimensions
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Living Area:5192
Financial & Terms
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Leases:See Remarks
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Restrictions:None
Location
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Latitude:29.994646
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Longitude:-99.195606
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Directions:This is agent open only. Once qualified buyer is established, we will meet and disclose location. It is 7 miles outside of Kerrville
The Property
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Property Type:Farm
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Subtype:See Remarks
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Parcel Number:4202-0000-095000
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Other Structures:Workshop
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Lot Features:Level
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Lot Size Acres:10
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Lot Size Area:10 Sqft
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Lot Size SqFt:435,600 Sqft
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View:Hill Country
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Waterfront:false
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Waterfront Features:None
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# of Wells:1
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Horse:false
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Additional Parcels:false
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Fencing:Fenced
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Road Surface Type:Caliche
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FEMA Flood Plain:Partial
Listing Agent
- Contact info:
- Agent phone:
- (512) 517-2691
- Office phone:
- (210) 824-7878
Beds
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Bedrooms Total:13
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Main Level Bedrooms:13
Baths
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Total Baths:9
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Total Baths:9
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Full Baths:9
The Listing
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Special Listing Conditions:Standard
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Listing Terms:Cash
Heating & Cooling
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Heating:Central
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Cooling:Central Air
Utilities
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Utilities:Electricity Connected
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Electric On Property:true
Appliances
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Appliances:Electric Oven
Schools
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Elementary School:Outside School District
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Elementary School District:Kerrville Isd
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Middle School:Outside School District
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Middle School District:Kerrville Isd
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High School:Outside School District
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High School District:Kerrville Isd
The Community
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Subdivision Name:Hidden Valley Ranch
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Community Features:Common Grounds
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Pool Private:false
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Pool Features:None
Parking
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Parking Features:Detached Carport
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Garage:false
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Attached Garage:false
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/11/24
Jan 11, 2024
|
Listed / Active | ABOR | $985,000 |
