45 Unit Mobile Home Park on 10 Acres

Vacant Land for Sale
Catylist Listing ID: 30722943
Property Subtypes: Industrial, Mobile Home Park, Multi-Family, Self Storage
Gross Land Area: 10 Acres
Sale Price: $1,399,000
Unit Price: $139,900 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/16/2022

Overview / Comments

Offer includes a 45 -unit community located in Lubbock County, just outside Lubbock city limits and situated in the path of South Lubbock’s high growth area. The Property offers 1,062' of 114th Street Frontage. Location is just off Interstate 27/Highway 87 and 15 minutes from downtown Lubbock. The property has (23) septic tanks, 2-wells for filtered drinking Water System (installed in February 2020), and an additional well for irrigation. Offered with in-place income, owners own 15 mobile homes. Each lot offers separate meters for gas and electric. Location is approximately 2-miles from the nearest Walmart and approximately 3-miles from the nearest grocery store lending itself to multiple commercial development opportunities.

Attachments & Media

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R90467

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,869 41,415 121,753
Median Age: 29.97 36.78 35.13
Households: 1,426 16,700 48,397


Photograph of Listing Agent

Mark Vigil

Keller Williams Realty
West Texas CIE Member
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