4.98 Acres in Cedar Hill, TX - $775,000
Multiple Single Units - Cedar Hill, TX
Welcome to your new rental community with this 14-space Mobile Home Park in Cedar Hill, Texas. The property has significant upside potential through increased rents and filling the remaining vacant spaces.. Ownership has upgraded numerous aspects of this park, making for a seamless transition within your portfolio. Days on market for these units are in the single digits. This is a rare opportunity to own a Mobile Home Park in the Dallas County area on this large acreage. The land alone is nearing the value that you're paying for the park. These assets are very stable throughout the metroplex. With all the rental units located in one place, managing this property becomes more efficient. You can not add additional mobile home spaces to this property. It is grandfathered, so you can only operate what has been existing. You can not add additional Mobile Home Sites to the property and has be...
Welcome to your new rental community with this 14-space Mobile Home Park in Cedar Hill, Texas. The property has significant upside potential through increased rents and filling the remaining vacant spaces.. Ownership has upgraded numerous aspects of this park, making for a seamless transition within your portfolio. Days on market for these units are in the single digits. This is a rare opportunity to own a Mobile Home Park in the Dallas County area on this large acreage. The land alone is nearing the value that you're paying for the park. These assets are very stable throughout the metroplex. With all the rental units located in one place, managing this property becomes more efficient. You can not add additional mobile home spaces to this property. It is grandfathered, so you can only operate what has been existing. You can not add additional Mobile Home Sites to the property and has been verified by the City. MLS Transaction Folder has a Survey and up-to-date financials.
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Directions
GPS Recommended. South on Hwy 67 to Mt. Lebanon and turn to the east. Follow Mt. Lebanon to dead end to Tar Rd. Turn right and follow to High Dr. Turn Left and follow to Simmons Way and turn Left. Mobile homes on the left around the corner.
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