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USATXIolaIola7121 Stephens Ln
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$675,000

7121 Stephens Ln, Iola, TX

Real Estate

For Sale

$--,---,---
000
  • Key Facts
  • Description
  • Map

Key Facts

Type Mobile Home
Levels Residential Income
Size -
Garage No
Maintenance Fees 
Taxes 
Days Active 272
Approx. Age 
MLS® Number 24014345

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

This mobile home park, located in the heart of Iola, Texas, offers a fantastic investment opportunity. Spread across two side-by-side lots, each measuring 0.92 acres, this property includes a total of 11 home sites. Of these, five mobile homes are owned by the park owner, while the remaining sites are tenant-owned, with tenants leasing the land. The property benefits from city utilities, ensuring convenience for all residents. With a gross annual income of $52, 200 and total expenses of approximately $7, 000 per year, the park yields a net annual income of $45, 200. This low-maintenance investment property, situated in a charming small-town setting, provides consistent cash flow with minimal overhead. Whether you're looking to expand your real estate portfolio or invest in a reliable source of income, this mobile home park offers solid returns in a growing community.Show Description
MLS® Number24014345
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatCentral, Electric
A/C
Heating Fuel

Extras

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