This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

7588 Fm 1459

26 Unit Mobile Home Park £856,783 (£32,953/Unit) Sweeny, TX 77480

Investment Highlights

  • FM Road Frontage Exposure
  • Short & Long Term Rentals
  • Frontage on FM 1459
  • Newly Renovated
  • Near Stable Refinery Employment

Executive Summary

Multi-unit property featuring 11 mobile home spots, 15 rv spots, and a 2/1 house w/ attached 1br studio apartment, all on nearly 10 acres just outside of Sweeny and just minutes from Chevron & P66 refinery. Of the 11 mobile home lots, there are 10 park owned mobile homes that convey – 9 of which are either newer units or freshly remodeled, one spot is rented, and the remaining home is in the process of being remodeled. The 2/1 house has a new roof and exterior paint. The attached apartment is fully remodeled – new flooring, paint, kitchen, appliances, etc. Out of the 15 rv sites, 9 park owned rv’s convey, there are additionally 2 separate duplex efficiency units, occupying two of the rv spots. In total there are 26 housing units that convey with a sale. The park has gone through extensive upgrades over the past year and is in the process of adding more tenants each month. There is a lot of upside on this property, along with plenty of demand in the area for housing. Pro Forma gross over 20k/month @ ~16% cap. OWNER FINANCING AVAILABLE

Property Facts

Price £856,783
Price Per Unit £32,953
Sale Type Investment
Sale Conditions 1031 Exchange
No. Units 26
Property Type Residential
Property Subtype Manufactured Housing/Mobile Home
Building Class C
Lot Size 9.86 AC
Building Size 30,000 SF
Average Occupancy 50%
Number of Floors 1
Year Built/Renovated 2002/2024

zoning

Zoning Code None (Commercial)
None (Commercial)
  • Listing ID: 33585647

  • Date on Market: 21/10/2024

  • Last Updated:

  • Address: 7588 Fm 1459, Sweeny, TX 77480

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}