Alum Creek | 104 Alum Creek Dr
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Alum Creek 104 Alum Creek Dr
4 Unit Mobile Home Park £741,856 (£185,464/Unit) Paige, TX 78659
Investment Highlights
- Three 17x56 Modular Homes: They are 1064 sq. ft and recently remodeled in 2024. The HVAC and water heaters are from 2018 and are equipped with 3bd/2ba
- One 14x56 Modular Home: Is 924 sq. ft was recently remodeled in 2024. The HVAC and water heaters are from 2018 and is 2bd/ 2ba.
Executive Summary
1-Acre Investment Property on Highway 21 offers an excellent commercial investment opportunity near Tesla, SpaceX, Starlink, Neuralink, and the Boring Company. Located just 15 minutes from Austin-Bergstrom International Airport, the property features 4 permanent modular homes with tenants responsible for their own utilities. Current rents are below market, with a potential increase of 10-15%. The site includes on-site maintenance provided by a resident in exchange for subsidized rent and offers additional income potential from two food trailer spots. Surrounded by growing developments, gas stations, and a small strip mall, this property is well- positioned to capitalize on the area's rapid growth.
Property Facts
Price | £741,856 | Building Class | C |
Price Per Unit | £185,464 | Lot Size | 1.01 AC |
Sale Type | Investment | Building Size | 4,116 SF |
No. Units | 4 | Number of Floors | 1 |
Property Type | Residential | Year Built | 2019 |
Property Subtype | Manufactured Housing/Mobile Home |
Price | £741,856 |
Price Per Unit | £185,464 |
Sale Type | Investment |
No. Units | 4 |
Property Type | Residential |
Property Subtype | Manufactured Housing/Mobile Home |
Building Class | C |
Lot Size | 1.01 AC |
Building Size | 4,116 SF |
Number of Floors | 1 |
Year Built | 2019 |
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Alum Creek | 104 Alum Creek Dr
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