• April 21, 2014
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Copperas Cove

$249,950

This is a great opportunity for an investor—this is a

Location: FM 2657 2455, Copperas Cove 76522
Posted: Oct 10, 2012

This is a great opportunity for an investor—this is a mobile home park, with a great location on FM 2657 near Highway 190. Right at 5 acres, with 3 mobile homes (rented for a total of $2,390/mo) and their lots that convey, plus a lot that is currently rented at $250/mo, with 4 more lots with septic and electric ready to be rented (should be +/- $250 each). It also has a commercial building at the front of the property (on FM 2657) that has been rented at $800/mo. That gives a total right now of potential rents to be $5,190 without improving the property. But the beauty of this property is that only one half of the space for mobile homes is developed. There is room to have 7-8 more mobile home lots (they would need to have septic and electric to them. The potential for these would push the potential rents to a crisp $7,190/mo. This is an outstanding opportunity for someone with a little vision. To see this property, please call TREMP.

Ron Franks

Details

  • Lot Size: 0.00 Acres
  • Mls Id: 167778
  • Price: $249,950
  • Square Feet: 500
  • Year: 9999

Map

Posted in on Wednesday, October 10, 2012 12:05 am.
Listing ID: 3e692f28-955c-529e-a36a-3a1c7958724b

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