For Sale
$985,00010 Acres
For Sale
5,192 sq ft

Private Address, Kerrville, TX 78028 - Kerr County

Recreational
Residential
Commercial
Static Google Map
Property ID 21495817

Immaculate 10 acre income producing property with 5 units and room to expan

RANCH NAME:

Deer Haven

LOCATION:

Just 8 minutes out of Kerrville

LIVE WATER:

Wet weather creek and pond

WELL & TANKS:

One 480' well with new pump installed in 2020, and 2500 gallon storage tank with new booster pump in 2022.

IMPROVEMENTS:

18x30 metal workshop

TERRAIN:

Level, wooded, secluded

TOPOGRAPHY:

WILDLIFE:

Plenty of deer passing through

MINERALS:

Any owned convey

TAXES:

$1820.59

EXEMPTIONS:

None

COMMENTS:

The seller will consider a qualified buyer with substantial down payment.

This immaculately maintained 10 acres contains a unique opportunity to won a Mini-Park/multi-family operation. With five leased mobile homes ranging from 1568sf to 672sf, this income producing opportunity provides a nice annual revenue stream with low operating expenses and allows for plenty o space to add more units, a small RV park, as well as a private area for an owner's new home set far enough away from existing units. The current gross annual revenue is $84,060. All of the units are currently leased and each unit has their own electric meter as well as privately fenced yard. Three units offer three bedrooms, while the other two offer two bedrooms. The newest unit was built in 2018, but was not lived in until 2021, one built in 2017, two built in 2009, and one was built in 1986, but was completely remodeled in 2022. Each tenant is required to have renter's insurance and pays for their own utilities except water and septic. Tenants also maintain their own yards, but the owner maintains the grounds and access roads. The property is fully fenced and has a wet weather creek and pond. The units are service by a private 480' deep well with new pump installed in 2020, and a 2500 gallon storage tank with a new booster pump installed in 2022. This property is ideal for an investor or someone looking to supplement their income or a buyer who wants land to build on while experiencing a nice cash flow. - 11/5/2024 6:01:27 AM

Location

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Brian Stamness

Phyllis Browning Land & Ranch Co
(830) 341-1320

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Land for Sale by Brian Stamness

Brian Stamness

Phyllis Browning Land & Ranch Co