$985,000
For Sale

Address Not Shown

Kerrville, TX 78028
5192 sqft | 13 beds | 9 baths | 10.00 acres | #5098657
Browse 39 photos
Type:Purchase
Structure:Farm
Zone:Residential

Description

Picturesque 10-acre multi-family mobile home community, offering positive cash flow with 5 units, and room to grow. NOI is $74,935.00, yielding a 7.6 cap rate. The property is fully fenced and has a wet weather creek and pond. The units are serviced by a 480’ deep well which had a new pump installed in 2020, and also has a 2500 gallon storage tank and new booster pump installed in 2022. There is a spacious 18x30 metal workshop that currently stores the owner’s equipment.
The five residential units are well maintained ranging from 1986-2018, with remodels in 2022. Each unit has a private fenced yard and views of the hills. The interior road provides access to each unit, and also to future sites.

  • Interior Details
      • Bedrooms13
      • Bathrooms9
      • Full Baths9
  • Property Details
      • ViewHills, Trees Woods
      • Lot DescriptionLevel
    • Measurements
      • Square Feet5192
      • Acres10
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Utility FeaturesElectricity Connected, Water Connected
  • Community and Neighborhood Details
      • SubdivisionHidden Valley Ranch
    • Location
      • Elementary SchoolOutside School District
      • Middle SchoolOutside School District
      • High SchoolOutside School District
      • School DistrictKerrville Isd
      • CountyKerr
  • Financial Details
      • Original List Price$985,000
      • Days on Market (Cumulative)294
  • Other
      • MLS #5098657

Location

The Legacy RealtyReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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