Description
Unique Investment Opportunity! This established 3-unit multifamily property is located only minutes from Huntsville. It includes 3 mobile homes, vacant double wide pad for a 4th home with all utilities and room to expand on 5.09 acres of property. All units are currently on community water, but there is also an existing well onsite. 2 units utilize aerobic septic with the remaining 2 on conventional. The seller had previously lived on the property utilizing 2 of the 3 homes. The current renters have a 30 year rental history with the owners. There is strong rental demand in this area from both TDCJ employees and students attending San Houston State University. Rental Potential near 5K a month at $1.17/sqft! After a small investment on a 4th home you could earn over 6K monthly$$$$ Do not miss this opportunity!
