Address not disclosed, Kerrville, TX 78028 - MLS#1719199

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Pure Realty

chime@purerealty.com +1(512) 337-0400

$985,000

Est. payment - /mo

5,192 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type See Remarks

ListingStatus Active

Purchase Type For Sale

Square Footage 5,192 sqft

Price per Sqft $189

Subdivision Hidden Valley Ranch

MLS Listing ID 1719199

Originating Board actris

Annual Tax Amount $84,150

Tax Year 2024

Lot Size 10.000 Acres

Property Sub-Type See Remarks

Property Description

Picturesque 10-acre multi-family mobile home community, offering positive cash flow with 5 units, and room to grow. NOI is $74,779.00, yielding a 7.59 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 18x30 metal workshop that currently stores the owner's equipment. The 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.

Seller may consider owner financing with qualified buyer with a 25 or 30 year amortization and a balloon payment in full at the end of year 5 with a competitive APR. 20% down payment. All terms are negotiable and may be adjsted based on credit worthiness, down payment, price and other factors. Seller has the right to refuse a seller finance senario to any buyer.

Agent open for all showings. 24 hours advance notice is appreciated. No interior tours are allowed until the property is under contract, however, additional photos are available.

Location

State TX

County Kerr

Zoning OCL

Interior

Heating Central

Cooling Central Air

Fireplace N

Master on Main No

Exterior

Utilities Available Electricity Connected, Water Connected

View Hill Country, Trees/Woods

Total Parking Spaces 1

Building

Water Private

Structure Type Wood Siding

New Construction No

Others

Restrictions See Remarks

Acceptable Financing Cash, Owner May Carry

Tax Rate 0.441772

Listing Terms Cash, Owner May Carry

Special Listing Condition Standard

Restrictions See Remarks

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Listed by Phyllis Browning Company • Lisa Grove

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Pure Realty

+1(512) 337-0400

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Address not disclosed Kerrville, TX 78028

Pure Realty

Key Details

Location

Interior

Exterior

Building

Others

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