Income Producing! 14 Unit Mobile Home Park

Located along US Highway 190 in Huntsville, Texas, this 6.36-acre property offers convenient access to a major regional thoroughfare serving Huntsville and surrounding communities. The location provides connectivity to local retail, restaurants, services, and employment centers, while Sam Houston State University and the greater Huntsville area contribute to the local rental market. The property's highway frontage offers accessibility for residents and convenient access to surrounding areas. Its established location and existing rental operations provide an opportunity for investors seeking an income-producing property in Walker County.Discover an income-producing manufactured housing community at 1202 US Hwy 190 in Huntsville, featuring approximately $1.1 million in assumable financing at a fixed 2.50% interest rate. Offered at $1,300,000, this 6.36-acre property includes 13 park-owned mobile homes and one additional house, with 12 units currently occupied and reported average monthly income of $12,200, with potential gross income of $16,300. The existing loan carries an estimated monthly payment of $5,646.96, offering a potential financing advantage compared to current market rates. The property also presents value-add potential through the renovation and lease-up of vacant homes and improvements to existing interiors. Loan assumption is subject to purchaser qualification, lender approval, and confirmation of the outstanding balance and terms. Buyer to independently verify all property, financial, and operating information.