135 COUNTY ROAD 480 CASTROVILLE TX 78009-5816
Highway 90 Frontage | Income Producing
Marketing description
RARE OPPORTUNITY WITH HIGHWAY 90 FRONTAGE EAST OF CASTROVILLE - 13.58+/- Unrestricted acres offers a unique commercial opportunity. This property has an existing mobile home park in place with 10 occupied lots situated on approximately .75+/- acre offering monthly lot rental income. The remaining 12.83+/- is undeveloped property providing a blank canvas for a future business venture. Minutes from San Antonio and Castroville.
Investment highlights
HIGHWAY 90 FRONTAGE - 13.58+/- unrestricted acres offers a unique commercial opportunity. An existing mobile home park with 10 lots is situated on approximately .75+/- acre and 12.83+/- undeveloped property. Water, Electric and (5) septic systems are in place for the mobile home park. All 10 lots are leased, offering monthly income; tenants own the mobile homes and homes will not convey as part of this sale. Tenants will require 6 months after closing if buyer intend to discontinue operating the mobile home park. A small portion of property is located in 100 year flood. NOTE: The seller also has 15.758 +/- acre feet of Base Irrigation Groundwater NOT included in the current list price but will consider selling to buyer for additional funds to be determined at time of sell of 13.58 +/- acres if opportunity is waived at time of sale seller will retain.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
