6311 Fm 920, Bridgeport, Texas

$975,000

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9,864

Square feet

3.03

Acres

About 6311 Fm 920

OWNER FINANCING AVAILABLE with 20% down, 9% interest and a 5-year balloon! Excellent opportunity to acquire an established 7-home manufactured home investment property on approximately 3.025 acres in Wise County. The property consists of two contiguous parcels and offers strong existing cash flow with seller-reported gross annual rental income of approximately $112,800 and seller-reported NOI of approximately $99,630. Homes range from 3 to 4 bedrooms and have been well maintained, with numerous recent improvements including flooring, paint, appliances, HVAC systems and roof updates. Each home has its own electric meter and septic system. Current rents are believed to be below market, providing potential upside for a new owner. Month-to-month leases offer additional flexibility. Property is located outside Bridgeport city limits. Manufactured homes are included in the sale. Owner-financing terms are subject to seller approval and final agreement. Buyer and buyer’s agent to verify all property information, income, expenses, measurements, condition and financing terms.

Features of 6311 Fm 920

MLS® # 21383829
Price $975,000
Square Footage 9,864
Acres 3.03
Year Built 2020
Type Commercial Sale
Sub-Type Business
Status Active

Community Information

Address 6311 Fm 920
Subdivision HARTFIELD
City Bridgeport
County Wise
State Texas
Zip Code 76426

Amenities

Utilities Co-op Water, Electricity Connected, Septic
Garages Driveway
Is Waterfront No
Has Pool No

Interior

Heating Central
Fireplace No
# of Stories 1
Stories 1

Exterior

Roof Composition, Metal, Mixed
Construction See Remarks
Foundation Pillar/Post/Pier

Additional Information

Zoning UN-ZONED OUTSIDE CITY LIMITS
Short Sale No
RE / Bank Owned No

Listing Details

AgentSteven Andognini
OfficeeXp Realty LLC
Contact Info817-689-9084
Office Contact817-689-9084

Listing Map

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