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$ 899,000
Est. payment | /mo
1.6 Acres Lot
$ 899,000
Est. payment | /mo
1.6 Acres Lot
Key Details
Property Type Townhouse, Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID HLM179049
Year Built 2014
Lot Size 1.600 Acres
Acres 1.6
Lot Dimensions Buyer to verify
Property Sub-Type Commercial
Source highland
Property Description
Instant cash flow opportunity located at 412 E. Houston Street in Kenedy, TX, this stabilized 7-unit manufactured housing community is 100% leased to Select Energy at $1,750 per month per unit (each valued ~$40k), generating a total of $12,250 per month in rental income from a single corporate tenant. Built in 2014 and maintained in excellent overall condition, the community offers the reliability of a corporate-backed, fully occupied income stream with minimal management complexity. The site spans approximately 1.6 acres and is zoned MH-1 (Manufactured Housing), with well-kept grounds and paved interior access. A corporate tenant like Select Energy brings the kind of payment consistency that individual tenant parks typically cannot match, making this an especially attractive acquisition for investors seeking low-risk, stabilized cash flow in the South Texas energy market. This community represents a turnkey opportunity with a strong existing income profile with a tenant that has been on site for over 5 years.
Location
State TX
County Out Of Area
Interior
Heating Central
Cooling Other
Flooring None
Building
Sewer Public Sewer
Water Public
Listed by All Hands Real Estate
Nearby Locations
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Micha Osloond
Broker-Associate Lic# 738362