22500 E Martin DR new Save Request In-Person Tour Request Virtual Tour
Porter,TX 77365
Key Details
Property Type Multi-Family
Sub Type Multiple Detached Dwellings
Listing Status Active
Purchase Type For Sale
Subdivision Timberlane Acres 03
MLS Listing ID 65216620
Bedrooms 3
Full Baths 2
Year Built 2024
Annual Tax Amount $315
Tax Year 2024
Lot Size 0.478 Acres
Property Sub-Type Multiple Detached Dwellings
Property Description
Fully remodeled mobile home park featuring 4 units—2 units are 3 bed/2 bath and 2 units are 2 bed/2 bath. Each unit has been updated inside and out with granite countertops, new showers, new flooring, and new appliances, offering true turnkey condition. Property improvements include a brand new metal fence with gate openers, underground electrical, new meter base, COMMERCIAL SEWER SYSTEM, and new water backflows. This fully occupied four-unit property delivers strong rental income and boasts a great cap rate, making it a solid addition to any investment portfolio. With competitive rental pricing and additional space for future development, whether to add another unit, storage, or further enhancements, this asset provides both immediate cash flow and long-term upside. Located in a high-demand rental market within a rapidly growing area, it's a rare opportunity for investors. P&L and Rent Rolls available
Location
State TX
County Montgomery
Area Porter/New Caney East
Interior
Heating Central Electric
Cooling Central Electric
Flooring Laminate,Vinyl
Exterior
Roof Type Composition,Metal
Building
Lot Description Cleared
Story 1
Structure Type Other,Vinyl,Wood
New Construction No
Schools
Elementary Schools Porter Elementary School (New Caney)
Middle Schools Woodridge Forest Middle School
High Schools West Fork High School
School District 39 - New Caney
Others
Acceptable Financing Cash Sale,Conventional
Listing Terms Cash Sale,Conventional
Special Listing Condition Owner/Agent,Tenant Occupied