Green Acres Mobile Home Park
Mobile Home Park | 9.50% CAP | 13 Pads
Marketing description
Discover the prime investment potential of Central Texas with the area surrounding Green Acres Mobile Home Park. Situated in the charming town of Burnet, TX, this rapidly growing market offers investors the perfect blend of a close-knit community and the allure of the great outdoors. Burnet is the County seat with a local airport, and railroad. With beautiful parks such as Inks Lake State Park and Longhorn Cavern State Park nearby, this location presents a unique opportunity for a Multifamily / Mobile Home Park investor. Furthermore, the area's convenient proximity to major highways (HWY281 & HWY29) provides easy access to Austin and the broader Central Texas region, making it an attractive choice for prospective residents and investors alike.
Investment highlights
Just about 1/4 miles off of HWY 29 in Burnet. Just behind the new Tractor Supply and just 1/2 mile from downtown Burnet. Currently there are 11 mobile homes on the site with 2 open sites. Their is a small pier and beam home in the front on the property at the main road. All rentals are section 8 housing. This property is running about 9.5% cap rate.
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