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About This Home
The property features twelve mobile homes plus one frame house with two bedrooms and one bathroom on 4.89 acres. Built in 2003, the homes include central electric heating and cooling systems along with tile and vinyl flooring throughout the interiors.
Each unit is equipped with an electric range and oven plus a refrigerator. A partial fence outlines portions of the acreage. The existing rentals operate at a 10.7 percent cap rate. Located at 5520 Condor Road in Gilmer, the layout supports multiple rental units on a single parcel with straightforward utility systems and durable interior finishes.
12 MOBILE HOMES OWNED AND 1 FRAME HOUSE 2/1 ON 4.89 ACRES,RENTALS ARE AT A 10.7% CAP RATE
Key Features
- Built in 2003
Property Details
Amenities
Monthly Cost Estimate
$4,091/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5520 CONDOR RD
Gilmer, TX 75645
Features & Amenities
Interior Features
Exterior Features
Property Details
Heating
Cooling
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 5520 CONDOR RD is listed at $765,000. The estimated monthly payment is $3,315 based on 20% down at 6.5% interest.
Key features include: Built in 2003. Interior Features: Tile Flooring, Vinyl Flooring. Exterior Features: Fence Partial.
This property is listed by Dean Haws and can be reached at 9037907116 or jlenhart@redsix.net.
