6311 Fm 920, Bridgeport, TX 76426
sale
$975,000
|
Other
Courtesy Of eXp Realty, LLC, Listed By Steven Andognini
OWNER FINANCING AVAILABLE with 20% down, 9% interest and a 5-year balloon! Excellent opportunity to acquire an established 7-home manufactured home investment property on approximately 3.025 acres in Wise County. The property consists of two contiguous parcels and offers strong existing cash flow with seller-reported gross annual rental income of approximately $112,800 and seller-reported NOI of approximately $99,630. Homes range from 3 to 4 bedrooms and have been well maintained, with numerous recent improvements including flooring, paint, appliances, HVAC systems and roof updates. Each home has its own electric meter and septic system. Current rents are believed to be below market, providing potential upside for a new owner. Month-to-month leases offer additional flexibility. Property is located outside Bridgeport city limits. Manufactured homes are included in the sale. Owner-financing terms are subject to seller approval and final agreement. Buyer and buyer's agent to verify all property information, income, expenses, measurements, condition and financing terms.
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Property Features
- Age: 6-10 Years Old
- Building Units: 7
- Cooling System: Central Air
- Floors: 1
- Heating System: Central
- Legal Description: A-413 SR HARTFIELD 2.6300 ACRES & A-413 SR HARTFIE
- MLSID: 21383829
- Roof Type: Composition
- Roof Type: Mixed
- Roof Type: Metal
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