197 County Road 2302Rusk, TX 75785
- Mobile home & RV parks
- 768 SF
Property Details for 197 County Road 2302
- Year built
- 2020
- Lot size
- 2.98 AC
- Property size (Sq ft)
- 768 SF
- Property type
- Mobile home & RV parks
- Property subtype
- Residential income homes
Description
This exceptional investment opportunity presents a 5-unit, Class A tiny home park situated on 2.98 acres in Rusk, Texas (APN 227571000). Built in 2020, this property boasts 100% occupancy, generating a substantial Net Operating Income (NOI) of $55,159, representing a 10.51% capitalization rate. The asking price is $525,000. Each of the five single-story buildings offers two bedrooms and one-and-a-half bathrooms, totaling 768 square feet. Tenants are responsible for their own utilities, minimizing operational overhead. The park's location outside city limits in Cherokee County (zip code 75785) offers a peaceful setting while remaining conveniently accessible to local amenities. The property is zoned for its current use and features a community pond. This turnkey operation is ideal for investors seeking a high return on investment in a growing market, capitalizing on the increasing demand for affordable and sustainable housing. The property's strong performance and minimal maintenance requirements make it an attractive and low-risk investment. The high occupancy rate and consistent rental income stream provide immediate cash flow and a solid foundation for future growth. This is a rare opportunity to acquire a well-established, profitable tiny home park with significant upside potential.
Location Insight
- City
- Rusk
- County
- Cherokee
- State
- Texas
- Latitude
- 31.7743
- Longitude
- -95.162
Comparable in this City
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