Texarkana, TX 75501,620 George Thomas road
Texarkana, TX 75501,620 George Thomas road
Texarkana, TX 75501,620 George Thomas road
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BHGRE Infinity

BHGRE Infinity

+1(903) 306-1454
$569,000
Est. payment /mo
8 Acres Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision T12 Liberty-Eylau

MLS Listing ID 200861

HOA Y/N No

Lot Size 8.000 Acres

Property Sub-Type Commercial

Property Description

PRICE IMPROVED!! This Mobile Home is 75% occupied offering 10.83% CAP rate and also offers a well-positioned manufactured housing investment in a quiet, peaceful setting surrounded by natural beauty. The property consists of 12 individual units, each separately rented, providing diversified income streams. Currently, 9 units are occupied, 1 unit is in the process of remodeling, and 2 units require renovation, offering immediate value-add upside. The property also includes additional land with septic systems already developed, allowing for the placement of more trailer homes and future expansion. This creates a strong opportunity for increased density and cash flow. The serene rural atmosphere combined with existing infrastructure makes this an attractive long-term investment with growth potential.

Location

State TX

County Bowie

Area Bowie

Zoning A2L

Exterior

Parking Features 20-29 Spaces

Garage Spaces 20.0

View Y/N No

Water Access Desc Public

Total Parking Spaces 20

Garage No

Building

Foundation Pillar/Post/Pier

Sewer Septic Tank

Water Public

Others

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