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10985 State Highway 171

35 Unit Mobile Home Park £1,762,425 (£50,355/Unit) Covington, TX 76636

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Investment Highlights

South of I-35 towards Hillsboro

Executive Summary

INVESTORS...Drumroll! This Park is Rocking & Rolling and Fully Functioning. Gorgeous Park like Setting with Trees! Owners had a Beautiful Vision when they began this Enterprise. Located on a Major Highway- Fully Turnkey RV Park Property. 32 RV Spots on Asphalt Pads, 50 or 30 Amp, 3 -16X24 Income Producing Cabins -Kitchenette & Bath, 3 of RV spots are Covered -additional charge. Full Service Laundromat (24 X 40 Metal Building Temperature Controlled) with 5 Washers & 6 Dryers, Full Bathroom with Shower, Office space, Snack Machine & Change Machine. Included in Price is a Completely Remodeled and Gorgeous Residential Home-3 Bedroom,2 Bathroom, 2 Car Garage, 30X20 Metal Storage Building with Electricity. This Home would be great as another Income stream. In addition there is a Large 30X40 Steel Building (with Electricity)with Covered parking. RV Park has capacity to be expanded. All bills included. DO NOT ENTER PARK without Appointment. Do Not Disturb Tenants, please.

Property Facts

Price	£1,762,425	Building Class	C
Price Per Unit	£50,355	Lot Size	20.00 AC
Sale Type	Investment	Building Size	2,000 SF
No. Units	35	Average Occupancy	95%
Property Type	Residential	Number of Floors	1
Property Subtype	Manufactured Housing/Mobile Home	Year Built	2020
Apartment Style	Garden	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	£1,762,425
Price Per Unit	£50,355
Sale Type	Investment
No. Units	35
Property Type	Residential
Property Subtype	Manufactured Housing/Mobile Home
Apartment Style	Garden
Building Class	C
Lot Size	20.00 AC
Building Size	2,000 SF
Average Occupancy	95%
Number of Floors	1
Year Built	2020
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.