A profitable mobile home park with plenty of room to expand and tons of passive income! This 15 acre property has 15 separate mobile homes all with individual meters and septic tanks. Currently, the property generates a six figure NET income every year and is operating at 100% occupancy. One of the units is rented to the maintenance man who has been there over 15 years. Some of the tenants have been there for over 10 years. Units never stay vacant more than a week. The property gives you the ability to build your dream home, farm, ranch, or possibly even expand the mobile home park to earn more income. The primary doublewide home makes a great owner residence or could be rented out as well. The property is only 15 min to I35 and 20 min to downtown Denton. Don't miss this opportunity. There is no another property like this in the area. Owner just poured new hot gravel top to the roads and driveways. PLEASE DO NOT SHOW UP UNANNOUNCED TO THE PROPERTY OR DISTURB THE TENANTS.
Property Type :
Residential Income
Subdivision :
Edgewater Add Ph 1
County :
Denton
Style :
Residential Income
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ByOwner last updated this listing 05/06/2024 @ 23:47
MLS: 436390196
LISTED BY: Christopher Horn, Guapa Homes, LLC
SOURCE: NTREIS - North Texas Real Estate Information
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
