197 County Road 2302Rusk, TX 75785

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 5-unit tiny home community presents a compelling investment opportunity in Rusk, Texas. Situated on a 2.975-acre lot at 197 County Rd 2302, zip code 75785, this Class A property boasts 100% occupancy and a 10.62% cap rate. Built in 2020, the five individual, single-story buildings offer a total of 768 square feet, each meticulously designed for maximum space and functionality. Modern amenities are included in each unit, ensuring high tenant satisfaction and premium rental rates. The property's design incorporates energy-efficient features, minimizing operating costs and maximizing net income. Shared amenities, such as a garden, outdoor lounge, and walking paths, enhance the appeal and rental value. Located outside city limits in Cherokee County, this property benefits from a strong rental market and the growing popularity of tiny homes, promising consistent cash flow and significant appreciation potential. The asking price is $525,000, translating to $683.59 per square foot. This turnkey operation requires minimal maintenance, making it an ideal investment for those seeking a low-effort, high-return opportunity in a thriving market. The property is offered fee simple.

Location Insight

City

Rusk

County

Cherokee

State

Texas

Latitude

31.7743

Longitude

-95.162

FAQs

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