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TSR Realty LLC Investment 951 Mack Rd

6 Unit Block of Flats £352,485 (£58,747/Unit) Aransas Pass, TX 78336

Investment Highlights

  • Location at the heart of Aransas and San Patricio County economic zones
  • Masonry board construction and metal roofing
  • Potential to develop as RV/Travel trailer park, tiny homes complex, additional rental units
  • Bucolic setting, quiet and private
  • County taxes, no known restrictions (buyer to verify)

Executive Summary

PRICE ADJUSTMENT... Seller wants an offer to review! Don't miss this opportunity in San Patricio County's busiest corridor!
Located on approximately 5 acres of unrestricted land on the Aransas/San Patricio County border, about 1 acre is lower "wetlands" area, perfect to create a scenic pond. Two buildings feature 6 units, 4 are efficiency style, with great history of occupancy. Well, well water, septic on site, communal trash collection. Tenants' rental fees cover all utilities including internet, power, water, trash, Direct TV. Tenants are month to month only. Main structure has 2 upper and 2 lower units with a center hallway that features an entry hall and lighted staircase and a coin laundry facility. The cabin, with two small efficiency units, also has a separate laundry facility in an adjacent storage room. Most tenants have a small fenced yard, and parking is unassigned in the front gravel driveway. Easy access to Sinton/Steel Dynamics-Sinton, Rockport, Aransas Pass, Portland, and San Patricio County points where you'll find booming economic growth. LOTS of potential, including the potential to return the property to single family residence status...it was originally designed and built to be a single family home! It has been divided into the units, but could be restored. Currently the heating and air conditioning are provided by portable or window units at each unit. The bucolic feel, excellent privacy, and proximity to all the booming industrial and construction projects make it an excellent prospect for investment. Local employers with projects in close proximity include Steel Dynamics-Sinton, Cheniere, Arecelor Mittal, Bechtel, and more!

Property Facts

Price £352,485
Price Per Unit £58,747
Sale Type Investment
No. Units 6
Property Type Residential
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
Apartment Style Low Rise
Lot Size 5.00 AC
Building Size 2,408 SF
Average Occupancy 90%
Number of Floors 2
Year Built 2013
Opportunity Zone Yes

Unit Amenities

  • Ceiling Fans
  • Eat-in Kitchen
  • Refrigerator
  • Yard
  • Porch
  • Smoke Free
  • Window Coverings

Site Amenities

  • 24 Hour Access
  • Laundry Facilities
  • Smoke Free
  • Rubbish Collection - Kerbside
  • Wi-Fi

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 2 £820.51 350 - 500
Studios 4 £575.73 150 - 250
  • Listing ID: 31245101

  • Date on Market: 17/03/2024

  • Last Updated:

  • Address: 951 Mack Rd, Aransas Pass, TX 78336

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