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Key Details
Sold Price $420,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 77139854
Sold Date 08/08/22
HOA Y/N No
Year Built 1998
Property Sub-Type Detached
Property Description
Huntsville is HOT! Opportunity for investors on a 10-acre tract with 5 rental units occupying 2 of the acres. This is a charming property with 3 single wide mobile homes, 1 double wide manufactured home, and 1-bedroom barndo. Each home has carport parking, storage, and decks (unseen in other mobile home parks). 1 - 16'x75', 3/2 home, 1 - 16'x75', 3/2, 1 - 16'x86', 3/2, 1 - 30'x76', 4/3 manufactured home. This property is small enough for first time investor yet large enough for experienced developers AND there is hook ups for a 25'x44' double wide and up to a 14'x72' single wide for additional income! Partly wooded, dead end country road, quiet and charming. Cap rates in SW Huntsville around 9%, 7% in the city.
Location
State TX
County Walker
Area Huntsville Area
Interior
Heating Central, Electric, Propane
Cooling Central Air, Electric
Fireplace No
Appliance Dishwasher, Refrigerator
Laundry Washer Hookup, Dryer Hookup
Exterior
Parking Features Carport
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Water Available
Roof Type Composition,Other
Building
Lot Description Cleared, Wooded
Story 1
Entry Level One
Level or Stories One
New Construction No
Schools
Elementary Schools Samuel W Houston Elementary School
Middle Schools Mance Park Middle School
High Schools Huntsville High School
School District 64 - Huntsville
Others
Tax ID 34467
Acceptable Financing Cash, Conventional, 1031 Exchange, Investor Financing, Trade
Listing Terms Cash, Conventional, 1031 Exchange, Investor Financing, Trade
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Bought with EW & Associates Realty, LLC
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