83 Roots RD, Martindale TX 78655,Martindale,Caldwell,Residential Income

$ 919,900
83 Roots RD, Martindale TX 78655, ,

Overview

  • Property ID
  • 86691
  • 2,788 ft2
  • 3 ac

Description

Rare turn key investment property! Income producing mobile home park for sale: total of three acres with 6 units. With no restriction or zoning, this 100% occupied property is at 7.5% Cap Rate! This low maintenance cash flow property is located minutes away from Toll 130 & IH-35 and nearby big franchises. Surveys for each parcel available. Even with gross income of $8294 monthly, there’s room for higher income to meet the market!

Other Features
Ceiling Fan(s)
Electric Dryer Hookup
Electrical Utility Available
Open Floorplan
Primary Bedroom on Main
Private Yard
See Remarks
Water Heater-Electric
Property Id : 86691
Price: $ 919,900
Property Size: 2,788 ft2
Property Lot Size: 3 ac
Syndication Remarks: Rare turn key investment property! Income producing mobile home park for sale: total of three acres with 6 units. With no restriction or zoning, this 100% occupied property is at 7.5% Cap Rate! This low maintenance cash flow property is located minutes away from Toll 130 & IH-35 and nearby big franchises. Surveys for each parcel available. Even with gross income of $8294 monthly, there's room for higher income to meet the market!
Parking Features: Outside,Varies by Unit,See Remarks
Lot Size(acres): 3
Lot Size(sf): 130680
Est. Taxes: 9500
FEMA Flood Plain: No
Laundry Location: In Unit
Property Match: APN
$/SF: 329.95
Tax Area (sf): 2788
Unit Mix: 2/2,3/2,See Remarks
Unit Room Type: Primary Bedroom,Bedroom,Kitchen,Dining Room,Family Room,Living Room
Accessibility Features: See Remarks
Community Features: Common Grounds,See Remarks
Construction Materials: Vinyl Siding
Cooling: Ceiling Fan(s),See Remarks
Covered Spaces: 6
Faces: NE
Directions: From I35S, turn left onto TX-80S/E Hopkins St. Turn left onto W Ridge Rd then onto Ridge Loop. Turn left onto Roots Rd.
Elem School: Crockett
Elem School District: San Marcos ISD
Fencing: None
#Fireplaces: 0
Flooring: Laminate
Foundation Details: Pillar/Post/Pier
Garage Spaces: 6
Heating: See Remarks
High School: San Marcos
High School District: San Marcos ISD
Levels: One
Listing ID: 7572048
Acceptable Financing: Cash,Conventional
SF Source: Public Records
Lot Features: Cleared,Few Trees,Open Lot
MLS Area: CC
Middle School: Doris Miller
Middle School District: San Marcos ISD
Status: Active
Other Structures: Mobile Home,See Remarks
Parcel#: 28365
Patio And Porch Features: See Remarks
Pets Allowed: Negotiable
Property Condition: Resale
Roof: Composition,Shingle
Sewer: Septic Tank
Special Listing Conditions: See Remarks
Tax Annual($): 3669.92
Utilities: Electricity Available,Water Connected
View: Pond,Rural,See Remarks
Water Source: Public
Window Features: See Remarks
Year Built: 1972
$ 6,299.67
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 4,651.51
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Info is deemed accurate but not guaranteed. Published info is subject to change. Buyers should conduct their own due diligence and research.

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Gerald Bodle, MBA