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14401 Avenue P - Mobile home Park 14401 Avenue P

6 Unit Mobile Home Park $631,966 CAD ($105,328 CAD/Unit) 14.97% Cap Rate Lubbock, TX 79423

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Investment Highlights

Less than one mile from Loop 88 & less than half a mile from Highway 87
Located across from new residential development in a high growth area

Remodeled Units with room for rental increases

Executive Summary

Introducing an exceptional investment opportunity in South Lubbock. This mobile home park, located less than a mile from the new Loop 88, offers 6 rental units on 1.83 acres of land. Recent remodels on 4 units enhance the property's appeal. Positioned across from a new residential development and in the sought-after Lubbock Cooper School District, this property is a prime income investment. With leases set for income growth through renewals, this is an ideal opportunity for investors seeking a lucrative investment opportunity in the thriving South Lubbock area.

14401_Ave_P_Offering_Memorandum

Property Facts

Price	$631,966 CAD	Property Subtype	Manufactured Housing/Mobile Home
Price Per Unit	$105,328 CAD	Building Class	C
Sale Type	Investment	Lot Size	1.77 AC
Cap Rate	14.97%	Building Size	1,216 SF
No. Units	6	No. Stories	1
Property Type	Multifamily	Year Built	1993

Price	$631,966 CAD
Price Per Unit	$105,328 CAD
Sale Type	Investment
Cap Rate	14.97%
No. Units	6
Property Type	Multifamily
Property Subtype	Manufactured Housing/Mobile Home
Building Class	C
Lot Size	1.77 AC
Building Size	1,216 SF
No. Stories	1
Year Built	1993