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Gilmer,TX 75644
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,680 sqft
Price per Sqft $50
Subdivision A200 - Hereford, William
MLS Listing ID 25002000
Bedrooms 11
Year Built 1900
Annual Tax Amount $1,797
Tax Year 2024
Lot Size 2.511 Acres
Acres 2.511
Property Description
4 Unit Mobile Home Park with Tenant-Owned Homes This well-maintained mobile home park features four units with tenant-owned mobile homes, all currently rented at $400 per month. The park is fully operational and offers rental income with long-term tenants. Each of the homes is privately owned by tenants, eliminating the need for landlord maintenance on the units themselves. The park sits on a convenient lot with ample space for future growth or additional investment opportunities. Key Features: 4 units in total, each tenant-owned Current rental income of $1,600 per month ($400 per trailer) All tenants have signed leases Minimal maintenance responsibilities, as homes are tenant-owned, and lot leases require the tenants to mow the lawn. Located in a quiet, well-established neighborhood Potential for future expansion or improvement Whether you're an experienced investor or new to the mobile home park market, this property provides a fantastic opportunity to add a turnkey, low-maintenance asset to your portfolio. Don't miss out on this rare chance to invest in a profitable mobile home park. Contact us today for more details or to schedule a tour!
Location
State TX
County Upshur
Zoning Multi Fam Dwelling 2 ½ St,Multi Fam Dwelling 1 St,Multi Fam Dwelling 11
Interior
Heating Central Electric
Cooling Central Electric
Fireplaces Type None
Exterior
View Y/N No
Building
Foundation Pilings
Schools
Elementary Schools Gilmer
Middle Schools Gilmer
High Schools Gilmer