For Sale
$330,000

1607 George Thomas Rd Texarkana, TX 75501

Texarkana, TX Mobile Home Park Investment

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional investment opportunity presents a well-established 7-unit mobile home park situated on a spacious 2.74-acre lot in Texarkana, Texas. Located at 1607 George Thomas Rd, in Bowie County, this Class C multifamily property (APN 07980005400) offers a compelling return on investment. The park currently boasts 7 occupied mobile home lots and an additional 2 vacant pads, providing immediate income and significant upside potential for future growth. The asking price is $330,000, translating to approximately $47,143 per unit. The property is offered fee simple, providing complete ownership. Detailed rent rolls are available upon request, allowing prospective buyers to thoroughly assess the current income stream and projected profitability. This turnkey operation presents a rare chance to acquire a stable and cash-flowing asset in a desirable location. The property's nine buildings, including seven occupied mobile homes and two vacant pads, offer a blend of immediate income and expansion opportunities. This is an ideal investment for those seeking a proven, income-generating property with potential for further development. Don't miss this chance to own your own cash-flowing mobile home park in the thriving Texarkana market.

Highlights

  • Mobile home park investment opportunity on George Thomas Rd, Liberty-Eylau.
  • Seven occupied lots and two vacant lots available for development.
  • Rent rolls provided upon request.

Property Details for 1607 George Thomas Rd

Property type
Commercial real estate
Class
C
Buildings
9
Lot Size (sq. ft)
119,354 SF
Units
7

Location Insight

City
Texarkana
County
Bowie
State
Texas
Latitude
33.321850040351
Longitude
-94.085196759779

FAQs

What type of property is this?
Commercial real estate - Texarkana, TX Mobile Home Park Investment
Where is the commercial real estate located?
The property is located at 1607 George Thomas Rd Texarkana, TX.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Mobile home park investment opportunity on George Thomas Rd, Liberty-Eylau.; Seven occupied lots and two vacant lots available for development.; Rent rolls provided upon request.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1607 George Thomas Rd
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