Looking for a investment opportunity with established tenants and a chance for growth? This could be it. Located outside of Gilmer, TX this property has 4 RV style units and one 1200 sq ft manufactured home. There is also a community laundry unit. All units stay rented and owner has financial docs ready to share. Lets start your journey today into passive income in the future!
12 MOBILE HOMES OWNED AND 1 FRAME HOUSE 2/1 ON 4.89 ACRES,RENTALS ARE AT A 10.7% CAP RATE
Gilmer is located in Texas. Gilmer, Texas has a population of 4,802. Gilmer is less family-centric than the surrounding county with 25.86% of the households containing married families with children. The county average for households married with children is 30.68%.
The median household income in Gilmer, Texas is $38,240. The median household income for the surrounding county is $55,046 compared to the national median of $69,021. The median age of people living in Gilmer is 32.5 years.
The average high temperature in July is 93.6 degrees, with an average low temperature in January of 32.5 degrees. The average rainfall is approximately 47.4 inches per year, with 0.8 inches of snow per year.
