722 School St, Kenedy, TX 78119 For Sale

Off-Market Rockstar for Value ADD

Located in Kenedy Tx - UPSIDE galore

The property consists of three lots—Lots 3, 4, and 5 in Block 1 of the JM Nichols Addition, City of Kenedy. within City Limits.

Owner Financing Available!

10% to 20% down, Interest Rate12.99% at 20% down, and 13.99% at 10% down.

Property Features & Improvements:

• Completely updated water system, connected to city water and sewer
• Seven brand-new 200-amp service poles on site
• Four mobile homes currently on the property
  • Two recently refurbished and move-in ready
  • One likely needs demolition
  • One is borderline and can be kept or removed based on your preference
• 10 total lots, each individually metered for both water and electricity
• Estimated =/- 1.05 acres (no existing survey—one will be required)
• An old van and shed remain that will need demolition, but about 95% of all demo and cleanup has already been completed
• No permits are needed to bring in new homes in Kenedy (per the city/permitting office)

The property is truly turnkey—you can begin moving homes in and connecting immediately while cleanup is being completed.

It also works well as either a park-owned home model or a tenant-owned home / land-rent model, depending on your goals.

Additional Opportunity:

My client is happy to work with you on offering a discount package for 5–10 new mobile homes, or on an as-needed basis while you build out the park. He would love to speak with you directly to structure something that benefits both sides. He recognizes the strength of this opportunity, and the rental market in Kenedy is extremely solid, as reflected by our other park in town and additional rentals in the area.

Seller proposed rental rates for this location were $1,100/month for a refurbished 3/2 home.

This is a phenomenal opportunity, and the pricing is intentionally opportunistic—

Please let us know if you’d like to walk the property or if you have any other questions.

349500.0 Conventional

399500.00 with Owner Finance and 25% down and agreeable terms