509 Broadway St
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509 Broadway St
4,707 SF Specialty Building Offered at $1,617,300 CAD in Fulton, TX 78358
Investment Highlights
- close to fishing, bars, restaurants, open land for development, steady cash flow
Executive Summary
Trailer Park. Owner willing to finance, please email me rather than calling ... johnkemmerly@yahoo.com
Property is four blocks from the water, bait stands, a fishing pier, and entertainment district with bars and restaurants. The area has taken off recently with tourists, fishermen, and vacation homes. A nearby trailer park has been cleaned up, and developers have now started tearing down old homes and building new ones. This is an opportunity to invest in Rockport/Fulton before it becomes too expensive. This park has untapped potential for manufactured homes, park models, tiny homes, RVs, a motel or whatever you want.
9 lots, approx. 1.3 acers
4 cottages that need updating … 2 of the cottages are rented for $775 each.
2 houses: 1 needs some work, 1 was recently renovated … Both houses are rented, 1 for $675, 1 for $900
1 mobile home rented for $800
7 RV/mobile home slips are available with room for many more … 2 of the 7 slips are rented for $400 each
Total current income: $4,725
Price for property: $1,125,000 … (125k per lot, not selling separately)
Property is four blocks from the water, bait stands, a fishing pier, and entertainment district with bars and restaurants. The area has taken off recently with tourists, fishermen, and vacation homes. A nearby trailer park has been cleaned up, and developers have now started tearing down old homes and building new ones. This is an opportunity to invest in Rockport/Fulton before it becomes too expensive. This park has untapped potential for manufactured homes, park models, tiny homes, RVs, a motel or whatever you want.
9 lots, approx. 1.3 acers
4 cottages that need updating … 2 of the cottages are rented for $775 each.
2 houses: 1 needs some work, 1 was recently renovated … Both houses are rented, 1 for $675, 1 for $900
1 mobile home rented for $800
7 RV/mobile home slips are available with room for many more … 2 of the 7 slips are rented for $400 each
Total current income: $4,725
Price for property: $1,125,000 … (125k per lot, not selling separately)
Property Facts
| Price | $1,617,300 CAD | Building Class | C |
| Price Per SF | $344 CAD | Building Size | 4,707 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1959 |
| Property Subtype | Opportunity Zone |
Yes
|
| Price | $1,617,300 CAD |
| Price Per SF | $344 CAD |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | |
| Building Class | C |
| Building Size | 4,707 SF |
| No. Stories | 1 |
| Year Built | 1959 |
| Opportunity Zone |
Yes |
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John Kemmerly
509 Broadway St
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