Fantastic investment opportunity in the heart of San Augustine! This well-maintained mobile home park sits on 12.1 acres within the city limits and offers city water and sewer. The property currently includes 13 mobile homes, with 12 park-owned units, 11 of which are only a few years old (2022) and in excellent condition.
The park is designed for up to 48 total spaces, providing tremendous growth potential. 11 additional sites are ready for immediate setup, already equipped with concrete parking pads, electric, water, and sewer connections. An additional 24 sites are available for future expansion and development. Each existing home enjoys a paved parking spot and separately metered utilities, allowing residents to pay for their own electric, water, sewer, and trash service.
Located near historic downtown San Augustine, this property offers easy access to shopping, dining, schools, and area employers. It's just a short drive to beautiful Lake Sam Rayburn, known for fishing, boating, and outdoor recreation, making this location attractive for both long-term residents and weekend visitors alike.
With strong rental demand and significant room for growth, this property is an investment opportunity ready to generate income today and expand for the future.
Sellers also have another established mobile home park available just down the road in Nacogdoches, offering an opportunity to expand your portfolio in East Texas.
