1. Texas
  2. Cedar Hill
  3. 541 Simmons Way
$775,000

541 Simmons Way, Cedar Hill, TX 75104

  • Property Icon Land
  • Property Year Built Icon Built in 1960
  • Property Lot Size Icon4.98acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 months ago

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.

Listing Status:
Active
Listing Office:
Gregorio Real Estate Company : 972-834-5509
Listing Agent:
Giovanni Locatelli : 469-744-7301
MLS ID:
20914216
  • A/C: Other
  • Heating: Other

This listing courtesy of Giovanni Locatelli, Gregorio Real Estate Company

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Plummer Elementary School

1203 S Clark Rd, Cedar Hill, TX, 75104

Grades PK-5

0.88 miles away

W

W. S. Permenter Middle School

431 W Parkerville Rd, Cedar Hill, TX, 75104

Grades 6-8

1.41 miles away

C

Cedar Hill High School

1 Longhorn Blvd, Cedar Hill, TX, 75104

Grades 9-12

1.77 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.