417 Houston ST, Kenedy, TX 78119
- Price $899,000
- Beds 0
- Baths 0
Instant cash flow opportunity located at 412 E. Houston Street in Kenedy, TX, this stabilized 7-unit manufactured housing community is 100% leased to Select Energy at $1,750 per month per unit (each valued ~$40k), generating a total of $12,250 per month in rental income from a single corporate tenant. Built in 2014 and maintained in excellent overall condition, the community offers the reliability of a corporate-backed, fully occupied income stream with minimal management complexity. The site spans approximately 1.6 acres and is zoned MH-1 (Manufactured Housing), with well-kept grounds and paved interior access. A corporate tenant like Select Energy brings the kind of payment consistency that individual tenant parks typically cannot match, making this an especially attractive acquisition for investors seeking low-risk, stabilized cash flow in the South Texas energy market. This community represents a turnkey opportunity with a strong existing income profile with a tenant that has been on site for over 5 years.
Details for 417 Houston ST
417 Houston ST, Kenedy, TX 78119
- Property Type
- Commercial Sale
- Sub Type
- Mobile Home Park
- Year Built
- 2014
- Beds
- 0
- Baths
- 0
- MLS / Listing ID
- 1120237
Location
Listed by
- Listing agent
- Chris Kappmeyer and Ruben Garcia
- Listing office
- All Hands Real Estate
- Office phone
- (512) 327-1994