541 Simmons Way, Cedar Hill, TX 75104
sale
$775,000
|
Unimproved Land
Courtesy Of Rafael J. Gregorio Jr, Listed By Giovanni Locatelli
Welcome to your new rental community with this 14-space Mobile Home Park in Cedar Hill, Texas. The property has significant upside potential through increased rents and filling the remaining vacant spaces.. Ownership has upgraded numerous aspects of this park, making for a seamless transition within your portfolio. Days on market for these units are in the single digits. This is a rare opportunity to own a Mobile Home Park in the Dallas County area on this large acreage. The land alone is nearing the value that you're paying for the park. These assets are very stable throughout the metroplex. With all the rental units located in one place, managing this property becomes more efficient. You can not add additional mobile home spaces to this property. It is grandfathered, so you can only operate what has been existing. You can not add additional Mobile Home Sites to the property and has been verified by the City. MLS Transaction Folder has a Survey and up-to-date financials.
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Virtual Tour
Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Exterior Type: Metal Siding
- Exterior Type: Vinyl Siding
- Heating System: Other (Heating)
- Legal Description: BROOK VIEW UNREC BLK 5 LT 30 A
- MLSID: 20914216
- Roof Type: Mixed
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