For Sale
$1,900,000

516 Silver Maple StFredericksburg, TX 78624

16-unit park, excellent investment

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a 16-pad mobile home park situated on a 1.55-acre lot in Fredericksburg, Texas. The property, zoned R-4, boasts a prime location with frontage on three streets: South Milam Street, Silver Maple Street, and West Walch Street. The park includes a 1,184 square foot, three-bedroom, one-bathroom stick-built home constructed in 1941, and a 1,056 square foot manufactured home built in 1998. A total of 16 separate electric meters ensure individual utility billing, while city water and sewer services are conveniently provided. The property also features multiple outbuildings, carports, and a water well, adding to its overall value and functionality. Fourteen of the mobile homes are tenant-owned and not included in the sale. This well-established park offers a strong potential for income generation and appreciation, making it an attractive investment opportunity in a thriving Texas market. The asking price is $1,900,000, representing a price per pad of $118,750. This is a rare chance to acquire a turnkey mobile home park with significant upside potential. The property's size and location within Fredericksburg, combined with its existing infrastructure, make it an ideal investment for experienced mobile home park operators or those seeking to enter the market.

Highlights

  • 16-pad manufactured home park.
  • 1.55-acre site in Fredericksburg.

Property Details for 516 Silver Maple St

Property type
Mobile home & RV parks
Square Feet
2,240 SF
Class
C
Year Built
1941
Lot Size (sq. ft)
67,518 SF
Units
16

Location Insight

City
Fredericksburg
County
Gillespie
State
Texas
Latitude
30.2693805
Longitude
-98.8822348
516 Silver Maple St, Fredericksburg, Texas

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516 Silver Maple St
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