855.375.4001
Listing Courtesy of: Jamie Prejean - CENTURY 21 Integra 979-777-1116

7121 Stephens Street Iola, TX 77861

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Other Residence
Beds
Baths
... Bed/Bath
Sq. Ft.

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Last updated on 12/12/2024 9:11 AM
This mobile home park, located in the heart of Iola, Texas, offers a fantastic investment opportunity. Spread across two side-by-side lots, each measuring 0.92 acres, this property includes a total of 11 home sites. Of these, five mobile homes are owned by the park owner, while the remaining sites a...re tenant-owned, with tenants leasing the land. The property benefits from city utilities, ensuring convenience for all residents. With a gross annual income of $52,200 and total expenses of approximately $7,000 per year, the park yields a net annual income of $45,200. This low-maintenance investment property, situated in a charming small-town setting, provides consistent cash flow with minimal overhead. Whether you're looking to expand your real estate portfolio or invest in a reliable source of income, this mobile home park offers solid returns in a growing community. Continue reading
MLS#
24014345
Property Type
Other
Price per Sq. Ft.
$96.98
Lot Size
1.93

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Listing Courtesy of: Jamie Prejean - CENTURY 21 Integra 979-777-1116
Andrea Conner License # 521381 Xome Inc. License # 9002330 [email protected] 844-400-XOME (9663) 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
© 2024 Bryan-College Station Regional Multiple Listing Service, Inc. All rights reserved. Information is provided exclusively for consumer’s personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed.
This content last refreshed on 12/12/2024 9:11 AM. 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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