350 Morgan Mill Road, Stephenville, TX 76401
sale
$1,995,000
|
Other
Courtesy Of Jj Hampton Realty, Listed By J J HAMPTON
Discover an exceptional investment opportunity with Star Lite Mobile Home Park, located on the outskirts of Stephenville, Texas. This established park sits on 4.2+ acres within city limits and features 23 mobile homes, along with a brick home. There are currently 12 occupied units. This provides a solid income base and room for revenue growth. The property also includes six vacant lots, presenting a unique opportunity to expand the park and increase occupancy. Zoned for retail and commercial business, the park offers flexibility for future development. City water and sewer services are in place, ensuring efficient operations. Star Lite's strategic location provides convenient access to Stephenville's amenities while offering a quieter, community-oriented environment. This mobile home park is an ideal investment for those seeking a stable income property with significant potential for expansion, renovations and value appreciation in a growing Texas market.
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Property Features
- Age: 31-40 Years Old
- Amenities: Ceiling Fan
- Building Units: 24
- Cooling System: Ceiling Fan(s)
- Cooling System: Electric
- Cooling System: Central Air
- Exterior Type: BoardAndBattenSiding
- Exterior Type: Brick
- Floors: 1
- Heating System: Electric (Heating)
- Heating System: Central
- Legal Description: S5910 STARLITE MOBILE HOME PARK
- MLSID: 21196003
- Roof Type: Composition
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