17202 Countrywood Ln |
|
| Price: | $1,100,000 |
| Property Type: | commercial_industrial |
| MLS #: | 26009372 |
| Excellent opportunity to acquire a portfolio of seven income-producing manufactured homes situated on approximately 5.18 acres. Built between 2016 and 2018, these well-maintained homes offer immediate cash flow with significant upside potential. The portfolio consists of a mix of 3-bedroom and 4-bedroom floor plans, with five properties currently on month-to-month leases, allowing a new owner the opportunity to adjust rents toward market rates. The portfolio is currently generating approximately $8,250 per month ($99,000 annually) with a projected market rent of approximately $10,300 per month ($123,600 annually), providing an estimated annual upside of $24,600. Large lot sizes ranging from approximately 0.50 to 0.89 acres add to the appeal for long-term tenants. Existing occupancy provides immediate cash flow while offering substantial value-add potential. | |
| Area: | Smith |
| Year Built: | 2016 |
| Bedrooms: | None |
| Bathrooms: | None |
| Acres: | 5.18 |
| Construction Materials : | See Remarks |
| Terrain : | See Remarks |
