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23231386
23231403

1522 16th St., Rockport, TX 78382

RC
TX 0558014
Clark Real Estate Agency
Listed by Clark Real Estate Agency
$1,299,999
397 days on market
Updated 3 days ago

1522-1524 16th St. -Rockport

Details
Property Type Mobile Home Park, Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 8,277
Net Rentable (SqFt) 8,277
Units 9
Occupancy 100%
Pro-Forma Cap Rate 7.23%
Pro-Forma NOI $94,000
Broker Co-Op Yes
Class C
Year Built 1983 and 2018
Year Renovated 2023
Buildings 10
Stories 1
Acreage 10.000
Investment Type Owner/User
Occupancy Date 05/04/2025
Ownership Fee Simple

Own your own Mobile Home Park!

Marketing description

Opportunity Knocks for 10 acres in Rockport Texas! This investment property is right down the street from Cove Harbor. Come own an income producing Mobile Home Park with 8 units which consists of 4 2-bedroom/2-bath units and 4 units that 3-bedroom/2-bath units. that are fully leased. Each of these units is individually metered for electricity plus all the appliances including refrigerator. And don't forget about the 1797 square foot home that is fully furnished and is booked regularly for short term rentals which is booked just about every day in the summer during the summer. Already booking for next year as well. This home comes fully furnished, screened in swimming pool, and 800 square foot owner's shop. Expecting to be the best year yet on the short-term rental. The home could be used as a residence, and the new owner can just manage the mobile home park. There is at least 6 acres that is just vacant land. There are 7 septic's and 2 wells. Buyer responsible for due diligence. Seller Financing option Available!

Investment highlights

Opportunity Knocks for 10 acres in Rockport Texas! This investment property is right down the street from Cove Harbor. Come own an income producing Mobile Home Park with 8 units which consists of 4 2-bedroom/2-bath units and 4 units that 3-bedroom/2-bath units. that are fully leased. Each of these units is individually metered for electricity plus all the appliances including refrigerator. And don't forget about the 1797 square foot home that is fully furnished and is booked regularly for short term rentals which is booked just about every day in the summer during the summer. Already booking for next year as well. This home comes fully furnished, screened in swimming pool, and 800 square foot owner's shop. Expecting to be the best year yet on the short-term rental. The home could be used as a residence, and the new owner can just manage the mobile home park. There is at least 6 acres that is just vacant land. There are 7 septic's and 2 wells. Buyer responsible for due diligence. Seller Financing option Available!

Listing Contacts

RC
TX 0558014
Clark Real Estate Agency
Listed by Clark Real Estate Agency

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Additional Information

Name
Richard Clark
License
0558014
Brokerage
Clark Real Estate Agency
Brokerage Phone
5124709955
Title
Broker/Owner
Brokerage Address
1503 Aquarena Springs Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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