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$899,000
Est. payment /mo
7 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mobile Home Park
Listing Status Active
Purchase Type For Sale
Square Footage 7 sqft
Price per Sqft $128,428
Subdivision Thulemeyer & Kauffman Add
MLS Listing ID 1120237
Year Built 2014
Annual Tax Amount $2,620
Tax Year 2025
Lot Size 1.598 Acres
Acres 1.598
Property Sub-Type Mobile Home Park
Source actris
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 Karnes
Interior
Heating See Remarks
Cooling See Remarks
Flooring See Remarks
Fireplace No
Exterior
Utilities Available Electricity Connected
Building
Sewer Public Sewer
Water Public
Structure Type See Remarks
New Construction No
Others
Special Listing Condition Standard
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Listed by All Hands Real Estate
NEARBY SCHOOL & BUSINESS
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