207 Garmon Drive

    Early, TX 76802
    • $259,000
    • STATUS: Active
    • ON SITE: 273 days
    • MLS #: 13714300
    UPDATED: 109 min ago
    $259,000
    • 0
      BEDS
    • 5.37
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1970
    County:
    Area:

    School Ratings & Info

    Offered by Tim Bumpass of Lone Star Home & Loan.

    Description

    Wonderful Opportunity to own a 40 lot mobile home community. There are currently 16 single wide lots with city water and city sewer available. Owner says there is space for 26 more if arranged appropriately. Mobile homes currently on the property will be removed as they are not in good condition and would be best served as a deer camp trailer. Expected best use for this property would be to provide a lot and utilities to tenants who need a lot to lease for their mobile home. 40 x $225 per mo. = $9,000 per Mo. of relatively passive income... $98,000 per year. If you spent $65,000 in improving utilities you could pay off entire investment in 4 years!!

    Monthly Payment Calculator



    © 2018 North Texas Real Estate Information Systems. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Frankie Arthur Real Estate | Coldwell Banker Apex are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data is deemed reliable, but not guaranteed accurate by the MLS or NTREIS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2018-07-18T12:43:34.357.
    www.frankiearthur.com/homes/77814339

    207 Garmon Drive Early, TX 76802

    • Price: $259,000
    • Status: Active
    • Updated: 109 min ago
    • MLS #: 13714300
    0
    Beds
    0
    Baths
    0
    ½ Baths
    5.37
    Acres
    1970
    Built
    Neighborhood:
    Garmon
    County:
    Brown
    Area:
    Brown County
    Property Description
    Wonderful Opportunity to own a 40 lot mobile home community. There are currently 16 single wide lots with city water and city sewer available. Owner says there is space for 26 more if arranged appropriately. Mobile homes currently on the property will be removed as they are not in good condition and would be best served as a deer camp trailer. Expected best use for this property would be to provide a lot and utilities to tenants who need a lot to lease for their mobile home. 40 x $225 per mo. = $9,000 per Mo. of relatively passive income... $98,000 per year. If you spent $65,000 in improving utilities you could pay off entire investment in 4 years!!
    Exterior Features

    Construction MetalSidingVinyl Siding Construction Materials Walls Other Foundation Pier & Beam Parking Or Garage Area Assigned Roof Other

    Interior Features

    Ceiling Height Other Commercial Features OtherSecurity Lighting Flooring Other Heating No AirNo HeatOther Sq Ft Building 10 Sq Ft Gross 233917 Sq Ft Leasable 233917

    Property Features

    Building Area Source Other Documentation Building Use Other Commercial Zoning Com Construction Status Preowned Gross Annual Expenses 0 Gross Annual Income 0 Inclusions Land & ImprovementsLand Only Income Expense Source None Leasable Spaces 16 Leased Spaces 0 Lot Size Source Tax Multi Zoning No Municipal Utility District No Net Annual Income 0 Owner Pays None Possession Closing/Funding Property Type Com-Sale Special Notes Aerial Photo Tenant Pays All Utilities Unexempt Taxes 3754 Utilities City SewerCity Water Will Subdivide No

    Data is deemed reliable, but not guaranteed accurate by the MLS or NTREIS. Data last updated 2018-07-18T12:43:34.357.


    © 2018 North Texas Real Estate Information Systems. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Frankie Arthur Real Estate | Coldwell Banker Apex are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data is deemed reliable, but not guaranteed accurate by the MLS or NTREIS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2018-07-18T12:43:34.357.
     
    Frankie Arthur Real Estate | Coldwell Banker Apex
    3360 Long Prairie Road
    Flower Mound TX, 75022
    Offered by Tim Bumpass of Lone Star Home & Loan.