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7588 Fm 1459

26 Unit Mobile Home Park $1,552,130 CAD ($59,697 CAD/Unit) Sweeny, TX 77480

Mobile Home & RV Parks Texas Sweeny 7588 Fm 1459, Sweeny, TX 77480

Investment Highlights

  • FM Road Frontage Exposure
  • Short & Long Term Rentals
  • Frontage on FM 1459
  • Newly Renovated
  • Near Stable Refinery Employment

Executive Summary

Multi-unit property featuring 11 mobile home spots, 15 rv spots, and a 2/1 house w/ attached 1br studio apartment, all on nearly 10 acres just outside of Sweeny and just minutes from Chevron & P66 refinery. Of the 11 mobile home lots, there are 10 park owned mobile homes that convey – 9 of which are either newer units or freshly remodeled, one spot is rented, and the remaining home is in the process of being remodeled. The 2/1 house has a new roof and exterior paint. The attached apartment is fully remodeled – new flooring, paint, kitchen, appliances, etc. Out of the 15 rv sites, 9 park owned rv’s convey, there are additionally 2 separate duplex efficiency units, occupying two of the rv spots. In total there are 26 housing units that convey with a sale. The park has gone through extensive upgrades over the past year and is in the process of adding more tenants each month. There is a lot of upside on this property, along with plenty of demand in the area for housing. Pro Forma gross over 20k/month @ ~16% cap. OWNER FINANCING AVAILABLE

Property Facts

Price $1,552,130 CAD Building Class C
Price Per Unit $59,697 CAD Lot Size 9.86 AC
Sale Type Investment Building Size 30,000 SF
Sale Conditions 1031 Exchange Average Occupancy 50%
No. Units 26 No. Stories 1
Property Type Multifamily Year Built/Renovated 2002/2024
Property Subtype Manufactured Housing/Mobile Home
Price $1,552,130 CAD
Price Per Unit $59,697 CAD
Sale Type Investment
Sale Conditions 1031 Exchange
No. Units 26
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Building Class C
Lot Size 9.86 AC
Building Size 30,000 SF
Average Occupancy 50%
No. Stories 1
Year Built/Renovated 2002/2024
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zoning

Zoning Code None (Commercial)
None (Commercial)
(979) 297-4200

  • Listing ID: 33585647

  • Date on Market: 2024-10-21

  • Last Updated:

  • Address: 7588 Fm 1459, Sweeny, TX 77480

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7588 Fm 1459
(979) 297-4200 x

7588 Fm 1459

Dakota Schmidt

(979) 297-4200

(979) 297-4200

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