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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
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
  • Listing ID: 33951079

  • Date on Market: 21/11/2024

  • Last Updated:

  • Address: 104 Alum Creek Dr, Paige, TX 78659

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