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Address Not Available from Listing BrokerKerrville TX, 78028

(Active)
$985,000
|
13 beds, 9 Full baths, 5,192 sqft
|
MLS# 5098657
Last Updated: 5/18/2024 5:21 PM
Description for Address Not Available from Listing Broker Kerrville, TX 78028
Owner will consider Seller financing for qualified buyer. Picturesque 10-acre multi-family mobile home community, offering positive cash flow with 5 units, and room to grow. NOI is $74,935.00, yielding a 7.6 cap rate. The property is fully fenced and has a wet weather creek and pond. The units are serviced by a 480' deep well which had a new pump installed in 2020, and also has a 2500 gallon storage tank and new booster pump installed in 2022. There is a spacious 18x30 metal workshop that currently stores the owner's equipment.The five residential units are well maintained ranging from 1986-2018, with remodels in 2022. Each unit has a private fenced yard and views of the hills. The interior road provides access to each unit, and also to future sites.
Price
$985,000
Hidden Valley Ranch
Kerr
13
9 Full
5,192 (approx)
5098657
Active
Description
Owner will consider Seller financing for qualified buyer. Picturesque 10-acre multi-family mobile home community, offering positive cash flow with 5 units, and room to grow. NOI is $74,935.00, yielding a 7.6 cap rate. The property is fully fenced and has a wet weather creek and pond. The units are serviced by a 480' deep well which had a new pump installed in 2020, and also has a 2500 gallon storage tank and new booster pump installed in 2022. There is a spacious 18x30 metal workshop that currently stores the owner's equipment.The five residential units are well maintained ranging from 1986-2018, with remodels in 2022. Each unit has a private fenced yard and views of the hills. The interior road provides access to each unit, and also to future sites.
Listing Information
Property Type: Farm, Other
13 9 Full
10 Acres 5,192 (approx) Wood
Hidden Valley Ranch
Electricity Connected, Water Connected
Neighborhood
School Information
Outside School District Outside School District Outside School District
Room Information
Bathrooms
9
Interior Features
Electric Oven, Refrigerator
Central Air
Other, Central
Exterior / Lot Features
Detached Carport
Wood
Porch
Shingle
None
Creek/Stream
Level
Driving Directions
This is agent open only. Once qualified buyer is established, we will meet and disclose location. It is 7 miles outside of Kerrville
Financial Considerations
4202-0000-095000
$1,816
Cash, Conventional, Owner May Carry
Listing Price History

Kerrville Real Estate

Kerrville is located in Texas. Kerrville, Texas 78028 has a population of 23,942.

The median household income in Kerrville, Texas 78028 is $59,970. The median household income for the surrounding county is $61,175 compared to the national median of $66,222. The median age of people living in Kerrville 78028 is 45 years.

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Courtesy: Phyllis Browning Company, (210) 824-7878
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS
This content last refreshed on 5/18/2024 5:21 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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