158 Chapel Hill RdAbilene, TX 79605

Property Details for 158 Chapel Hill Rd

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional investment opportunity presents a fully entitled and approved 206-site mobile home community in Abilene, Texas. Located at 158 Chapel Hill Rd, 79605, this property boasts a prime location within city limits, providing convenient access to city water and sewer services. The asking price is $1,339,000, translating to an attractive price per pad of $6,500. The development includes a substantial 2.52-acre amenity package, featuring a 4,100 sq. ft clubhouse, a 20,925 sq. ft pool area, and a 22,568 sq. ft sports area. This is a rare chance to acquire a ready-to-develop manufactured home community in a stable market. Abilene, with a population exceeding 125,000 and a median household income of $59,000, offers a strong demographic profile. The Abilene Metropolitan Statistical Area benefits from the presence of three private universities and Dyess Air Force Base, contributing to its economic stability and growth potential. This turnkey development opportunity offers significant returns for investors seeking exposure to the thriving Texas real estate market. All necessary approvals and entitlements are in place, minimizing development risk and accelerating the path to profitability.

Location Insight

City

Abilene

County

Taylor

State

Texas

Latitude

32.4512

Longitude

-99.8147

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