828 Highway 71 E Bastrop, TX 78602
Monthly Payment (Est.)$18,204
SELLER WILL CONSIDER ALL OFFERS!!! Seller will finance $1M at 10% interest for 5 years with a full price offer. SELLER WILL ACCEPT $3.5M WITH A QUICK CLOSING! Welcome to this incredible investment opportunity! Located on 5.33 acres, this property offers a unique blend of an RV park, mobile home park, and a huge brick house turned into a six plex. Located right on Highway 71, it enjoys excellent visibility and accessibility for potential tenants and visitors. Situated just outside the city limits but within the Extraterritorial Jurisdiction (ETJ), this property offers a perfect balance between tranquility and convenience. The thriving city of Bastrop, with its growing development and amenities, is just down the road away, ensuring that residents can enjoy the best of both worlds. One of the highlights of this property is the inclusion of 10 permanently attached mobile homes, 12 RVs included, with only one currently tenant-owned, and the six-plex, providing a steady stream of rental income, ranging from $400 to $1695 a month. With taxes and insurance amounting to a reasonable $4, 075, this property presents a financially attractive opportunity. The tenants are responsible for paying their own utilities, reducing the burden on the owner and ensuring a consistent cash flow. The property boasts engineered septics, ensuring efficient waste management and reducing maintenance costs. Detailed documents regarding the septic systems are available for review. The maintained grounds of this property further enhance its appeal. Whether you're an experienced real estate investor or seeking a new venture, this property provides an ideal opportunity. Don't miss out on this unique chance to own a profitable and versatile real estate gem. You may drive by to view the location of the property but please do not disturb tenants. Private showings available by appointment.
|3 weeks ago||Listing updated with changes from the MLS|
|2 months ago||Price changed to $3,990,000|
|3 months ago||Listing first seen online|