Overview

  • Updated On:
  • November 14, 2024
  • acre symbol
  • 13 acres

Two Prime Real Estate Locations Present a Unique Investment

$ 4,500,000
804 SE Ave G,
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Description

Nestled in the thriving heart of Seminole, TX, these two prime real estate locations present a unique investment opportunity with 7.5% Cap Rate

The first location boasts 20 homes, predominantly trailers, along with a substantial 3,200 sq ft shop. This setup is ideal for those looking to tap into the bustling local economy.

Just a stone’s throw away, the second location features 10 homes and additional RV sites, catering to a diverse range of tenants. This property is further enhanced by a multi-unit enclosed boat or RV storage facility and mini storages, ensuring steady rental income. An on-site office provides convenience and ease of management.

The booming oilfield industry, coupled with thriving farming activities and other economic drivers, makes this investment particularly attractive. Notably, rents haven’t been increased in five years, offering substantial potential for future growth. This is a perfect chance to invest in a diversified, high-demand area.

PROPERTY FEATURES:

Seminole TX

Gaines County

Investment

RV Site

Commercial Property

RV Parks & Mobile Homes

Investment & Income

Address: 804 SE Ave G
City:
State/County:
Zip: 79360
Country: United States
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Property Id : 321096
Price: $ 4,500,000
County: Gaines County
Lot Size (AC): 13.00000
Year Built: 2009
Listing ID: 42249-24038
Office ID: 4898
Listing Address: 804 SE AVE G Avenue G

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13 ac 36,916.00 ft2details

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James Friesen