541 Simmons Way, Cedar Hill, TX 75104 - MLS#20914216

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Krista Mori

kristamori@ziglarrealty.com +1(817) 716-2955

$775,000

Est. payment - /mo

4.98 Acres Lot

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Key Details

Property Type Commercial

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Brookview

MLS Listing ID 20914216

Year Built 1960

Lot Size 4.980 Acres

Acres 4.98

Property Sub-Type Unimproved Land

Property Description

Welcome to your new rental community with this 14-space Mobile Home Park in Cedar Hill, Texas. The property has significant upside potential through increased rents and filling the remaining vacant spaces.. Ownership has upgraded numerous aspects of this park, making for a seamless transition within your portfolio. Days on market for these units are in the single digits. This is a rare opportunity to own a Mobile Home Park in the Dallas County area on this large acreage. The land alone is nearing the value that you're paying for the park. These assets are very stable throughout the metroplex. With all the rental units located in one place, managing this property becomes more efficient. You can not add additional mobile home spaces to this property. It is grandfathered, so you can only operate what has been existing. You can not add additional Mobile Home Sites to the property and has been verified by the City. MLS Transaction Folder has a Survey and up-to-date financials.

Location

State TX

County Dallas

Zoning SF - E

Direction GPS Recommended. South on Hwy 67 to Mt. Lebanon and turn to the east. Follow Mt. Lebanon to dead end to Tar Rd. Turn right and follow to High Dr. Turn Left and follow to Simmons Way and turn Left. Mobile homes on the left around the corner.

Interior

Heating Other

Cooling Other

Heat Source Other

Exterior

Utilities Available City Water, Electricity Available, Septic

Roof Type Mixed

Garage No

Building

Lot Description Acreage

Foundation Other

Structure Type Metal Siding,Siding,Vinyl Siding

Others

Ownership Spat Cedar Hill LLC

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20914216

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Giovanni Locatelli • Gregorio Real Estate Company

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Krista Mori

+1(817) 716-2955

Realtor, GRI | License ID: 0704624

Realtor, GRI License ID: 0704624

541 Simmons Way Cedar Hill, TX 75104

Krista Mori

Key Details

Location

Interior

Exterior

Building

Others

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