3734 County Road 3655, Bridgeport, TX 76426
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3734 County Road 3655, Bridgeport, TX 76426
3734 County Road 3655, Bridgeport, TX 76426
3734 County Road 3655, Bridgeport, TX 76426
3734 County Road 3655, Bridgeport, TX 76426
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3734 County Road 3655 Bridgeport, TX 76426

9,864 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 9,864 sqft

Price per Sqft $98

Subdivision Hartfield

MLS Listing ID 21383829

Construction Status Resale

HOA Y/N No

Year Built 2020

Annual Tax Amount $6,592

Lot Size 3.025 Acres

Acres 3.025

Property Sub-Type Business

Property Description

Turnkey income-producing investment opportunity offering a 10%+ reported cap rate at the current asking price! Seven manufactured homes on two contiguous parcels totaling approximately 3.025 acres in Bridgeport, with approximately $112,800 in gross potential annual rental income and $99,630 in reported net operating income based on current owner-provided expenses.

The property offers strong existing cash flow with additional upside. Average rent is approximately $1,343 per home per month at full occupancy, with rents currently below estimated market levels. Month-to-month leases provide a new owner flexibility to gradually adjust rents toward market rates and potentially increase NOI.

Each home has its own electric meter and septic system. The homes have been well maintained, creating an attractive turnkey opportunity for an investor seeking immediate income without a significant renovation or repositioning project.

The property consists of approximately 2.630 acres plus an adjoining 0.395-acre parcel and is located outside Bridgeport city limits. The approximately 3-acre site may offer potential for additional manufactured homes or future expansion, subject to buyer verification, applicable regulations, utilities, septic requirements, and approvals.

Manufactured homes are currently considered separate property and are included with the sale. Both parcels and all seven homes are being offered together in one transaction. An excellent opportunity to acquire an established Wise County rental portfolio with strong current income and additional value-add potential.

Location

State TX

County Wise

Zoning UN-ZONED OUTSIDE CITY LIMITS

Direction ENTER 3734 Co Rd 3655 into Google Maps

Interior

Heating Central

Cooling Central Air

Inclusions Land & Improvements

Fireplace No

Exterior

Parking Features Driveway

Utilities Available Electricity Connected, Septic Available, Water Available

Water Access Desc Community/Coop

Roof Type Composition,Metal,Mixed

Private Pool No

Building

Story 1

Foundation Pillar/Post/Pier

Sewer Septic Tank

Water Community/Coop

Construction Status Resale

Others

Tax ID 739963


Charlene Nelson

Charlene Nelson

REALTOR TREC 0745691

+1(503) 551-8298

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3734 County Road 3655