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About This Home
This 0-bedroom, 0-bathroom commercial at 350 Morgan Mill Road in Stephenville, TX is listed for $1,995,000. Built in 1989, on a 4.22 acres lot.
Discover an exceptional investment opportunity with Star Lite Mobile Home Park, located on the outskirts of Stephenville, Texas. This established park sits on 4.2+ acres within city limits and features 23 mobile homes, along with a brick home. There are currently 12 occupied units.
This provides a solid income base and room for revenue growth. The property also includes six vacant lots, presenting a unique opportunity to expand the park and increase occupancy. Zoned for retail and commercial business, the park offers flexibility for future development.
City water and sewer services are in place, ensuring efficient operations. Star Lite's strategic location provides convenient access to Stephenville's amenities while offering a quieter, community-oriented environment. This mobile home park is an ideal investment for those seeking a stable income property with significant potential for expansion, renovations and value appreciation in a growing Texas market.
Key Features
- Built in 1989
- 4.22 acre lot
Property Details
Monthly Cost Estimate
$10,670/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
350 Morgan Mill Road
Stephenville, TX 76401
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Property Details
Flooring
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 350 Morgan Mill Road is listed at $1,995,000. The estimated monthly payment is $8,645 based on 20% down at 6.5% interest.
Key features include: Built in 1989, 4.22 acre lot.
This property is listed by J J HAMPTON and can be reached at 2549654717 or thejjhampton@yahoo.com.
