Description
Unique Investment Opportunity! This established 3-unit multifamily property is located only minutes from Huntsville. It includes 3 mobile homes, vacant double wide pad for a 4th home with all utilities and room to expand on 5.09 acres of property. All units are currently on community water, but there is also an existing well onsite. 2 units utilize aerobic septic with the remaining 2 on conventional. The seller had previously lived on the property utilizing 2 of the 3 homes. The current renters have a 30 year rental history with the owners. There is strong rental demand in this area from both TDCJ employees and students attending San Houston State University. Rental Potential near 5K a month at $1.17/sqft! After a small investment on a 4th home you could earn over 6K monthly$$$$ Do not miss this opportunity!
-
0BEDS
-
5.09ACRES
-
0BATHS
-
01/2 BATHS
-
4,242SQFT
-
$147$/SQFT
School Information
Description
Unique Investment Opportunity! This established 3-unit multifamily property is located only minutes from Huntsville. It includes 3 mobile homes, vacant double wide pad for a 4th home with all utilities and room to expand on 5.09 acres of property. All units are currently on community water, but there is also an existing well onsite. 2 units utilize aerobic septic with the remaining 2 on conventional. The seller had previously lived on the property utilizing 2 of the 3 homes. The current renters have a 30 year rental history with the owners. There is strong rental demand in this area from both TDCJ employees and students attending San Houston State University. Rental Potential near 5K a month at $1.17/sqft! After a small investment on a 4th home you could earn over 6K monthly$$$$ Do not miss this opportunity!
© 2024 San Antonio Board of REALTORS® All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or NewHomePrograms.com. Last updated 2024-11-03T16:33:57.363.