923 Hill Road Houston, Tx. 77037
Mobile Home Park | 14 Pads | $128,571/pad
Marketing description
Discover a remarkable investment opportunity just outside the city limits of Houston, in unincorporated Harris County. This expansive property features acres of land and presents an array of income-generating possibilities.
As you arrive at the property, two standalone homes greet you with their distinct charm. They offer comfortable living spaces and add to the property's appeal.
Further on, you'll find a spacious 4000SF commercial building on a concrete slab. Currently unoccupied, this versatile structure can be rented out for approximately $3500 per month, providing an additional source of income.
Behind the commercial building, there are twelve well-maintained mobile homes, all currently rented. These homes alone generate a monthly income of around $18,000.
Conveniently located outside the city limits of Houston, this property provides a peaceful setting while remaining close to essential amenities and major transportation routes. The strong rental market in Harris County ensures a stable investment climate.
Whether you're an experienced investor or an entrepreneur seeking multiple income streams, this property holds tremendous potential. With existing rental income and possibilities for future growth, it's an opportunity worth exploring.
Don't miss out on this chance to secure a rewarding investment. Contact us today to arrange a viewing and see the possibilities that await you in this sought-after location.
Investment highlights
Prime Location: Situated just outside the city limits of Houston in Harris County, this property benefits from its strategic location in a thriving area with strong economic prospects.
Multiple Income Streams: With two standalone homes, a spacious commercial building, and twelve rented mobile homes, this property offers diverse income streams, maximizing your potential returns.
Rental Income Potential: The property's existing rental income from the twelve mobile homes alone amounts to approximately $18,000 per month, providing a consistent and reliable cash flow.
Commercial Building Opportunity: The 14 ft commercial building on a concrete slab presents an excellent opportunity to generate additional income. With the potential to rent it out for approximately $3500 per month, this versatile space offers a significant return on investment.
Stability and Growth: Harris County's strong rental market and thriving economy provide a stable investment climate. Capitalize on the area's growth potential and benefit from long-term appreciation.
Ease of Management: With all homes currently rented, this property offers a turnkey investment solution. Enjoy the convenience of an established tenant base and a smooth management process.
Potential for Expansion: The property's vast land size allows for future expansion or development opportunities, providing flexibility and potential for further growth.
Convenient Amenities: While offering a serene escape from the city, the property remains close to essential amenities, major transportation routes, and the bustling attractions of Houston, ensuring convenience for both tenants and future residents.
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