14821 Lucas Dr, Splendora, TX 77372

$525,000
896
SqFt

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List Price
$525,000
MLS#
8130716
Status
ACTIVE
Type
Multifamily
Subtype
ResidentialIncome
Year Built
1980
Living Area
896
County
Montgomery
Area
40
City
Splendora
Subdivision
Na

Property Description

Don't miss this unique chance to own an 8-unit mobile home portfolio, one being in an area where new mobile home parks are no longer permitted, making opportunities like this increasingly rare and highly desirable. With four active tenants already in place, this property offers immediate income potential and a strong foundation for future improvements. The portfolio includes multiple units with upside potential, making it an ideal opportunity for investors looking to increase cash flow through renovations and property enhancements. Several homes could benefit from updates, providing the perfect chance to implement a strategic improvement plan. Whether you're expanding an existing portfolio or entering the mobile home park investment sector, this one-of-a-kind property offers a combination of current occupancy, long-term demand, and limited future competition due to zoning restrictions in the Splendora area. Schedule your showing today!

Additional Information

Unexempt Taxes
$2,034
Lot Size
32,409
Flooring
Carpet, Laminate
Roof
Metal
Stories
1
School District
Splendora
Elementary School
Peach Creek Elementary School
Middle School
Splendora Junior High
High School
Splendora High School

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Adam Olsen from eXp Realty, LLC. Contact: