Property 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 18×30 metal workshop that currently stores the owner’s equipment.rnrnThe 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.

Features
: Central
: Central Air
: Fenced
: Creek/stream
: Porch
: Refrigerator, Electric Oven
: Common Grounds
: Level
: Detached Carport
: Shingle
: Electricity Connected, Water Connected
Address Map
US
TX
Kerr
Kerrville
78028
385 Camino Real, Kerrville TX 78028
0
W100° 48' 15.8''
N29° 59' 40.7''
This is agent open only. Once qualified buyer is established, we will meet and disclose location. It is 7 miles outside of Kerrville
Hidden Valley Ranch
MLS Addon
Phyllis Browning Company
Brian Stamness
: Wood Siding
Outside School District
Outside School District
700794
32022
Outside School District
1
: Workshop
: Standard, See Remarks
Kerrville Isd
Kerrville Isd
Kerrville Isd

Farm For Sale

385 Camino Real, Kerrville TX 78028, Kerrville, Texas 78028

13 Bedrooms
9 Bathrooms
5,192 Sqft
$985,000
Listing ID #5098657
Basic Details
Property Type : Farm
Listing Type : For Sale
Listing ID : 5098657
Price : $985,000
Bedrooms : 13
Bathrooms : 9
Square Footage : 5,192 Sqft
Lot Area : 435,600 Sqft
Bathrooms Total : 9
Status : Active
Property SubType : See Remarks