7008 North C R 1500

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Address: 7008 N C R 1500, Shallowater, TX 79363, USA
Texas + Apartment Buildings
Created date: December 18, 2024
Date last updated: October 2, 2026
Price: $610,000Investment Analyzer NEW!
  • 13 Mobile Homes – all park owned
  • 1 single family home
  • In Shallowater School District

Property Description

Hunter's Way Mobile Home Community consists of 13 mobile homes and 1 single family residences on 5.78 acres. The current rents average $750 and include the lot rent and rent for the unit. Potential ways to boost the value would be to sell off the mobile homes and charge lot rent only, and owner finance them. The owner currently pays the water/sewer/trash bill. This is a good opportunity to own affordable housing in a great school district.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $610,000
No. of Units: 16
Lot Size: 5.78 Acres
Opportunity Zone: No
Price per unit: $38,125
Property Website Click Here
Address: 7008 North C R 1500, Shallowater, TX 79363, USA
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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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