613 Mustang StFredericksburg, TX 78624

Exceptional investment opportunity in Fredericksburg, Texas! This 1.511-acre mobile home park, located at 613 Mustang St, offers 11 occupied pads generating a substantial NOI of $52,800, resulting in a 4.40% cap rate. The property is zoned R-4, allowing for manufactured home residential use. The park comprises two tracts: one at 613 Mustang St (0.74 acres with 7 tenant-owned homes) and another at 503 Mueller St (0.771 acres with 4 tenant-owned homes). Each pad features separate electric meters, with common water and sewer taps. The asking price is $950,000. Importantly, the eleven manufactured homes themselves are tenant-owned and not included in the sale. This property presents a strong cash flow opportunity within the city limits of Fredericksburg, Gillespie County, TX, 78624. The total lot size is 65,819.16 square feet. This is a turnkey investment ready for immediate income generation.