Exceptional income-producing investment opportunity on 6 acres in Alvarado featuring a 10-unit mobile home park with strong cash-flow potential and long-term upside. The property includes 6 double-wide and 4 single-wide manufactured homes, comprised of nine 3-bedroom, 2-bath units and one 2-bedroom, 1-bath unit, offering an attractive unit mix for sustained… Read More tenant demand. Improvements include a 30x40 metal building, one two-car garage, one one-car garage, and six portable storage buildings, adding functional value and additional utility for operations or tenant use. Infrastructure enhancements include underground internet service through Johnson County Electric Cooperative, supporting modern tenant needs. Nine of the ten homes feature metal roofs, reducing long-term maintenance concerns and improving durability. Established rental income with value-add potential through operational improvements, rent optimization, or future site expansion. Positioned in a growing market with continued demand for affordable housing, this asset presents an ideal opportunity for investors seeking stable returns and portfolio growth. Convenient access to major thoroughfares enhances tenant accessibility while maintaining a desirable rural setting. Rare chance to acquire a scalable manufactured housing investment with immediate income and future appreciation potential Read Less
Courtesy of CENTURY 21 Judge Fite Company, Jamie Wickliffe.
Listing Snapshot
Days Online
0
Last Updated
Property Type
Other
Beds
29
Full Baths
19
Lot Size
6 Acres
MLS Number
21217452
Additional Details
Property Access
Road surface type: Dirt
Appliances & Equipment
Dishwasher, ElectricRange, Microwave
Building
Construction materials: AluminumSiding, Levels: One, 10 buildings, 1
Cooling
Electric
Exterior Features
Awnings, Balcony
Heating
Electric
Lot
6 acres, 261,360 sqft, Acreage, Cleared, FewTrees
Parking
10 total parkings, NoGarage, OnSite
Pool
None
Property
Patio and porch features: Awnings, Deck, FrontPorch, Balcony
Roof
Metal
Sewer
SepticTank
Utilities
SepticAvailable, WaterAvailable
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