MLS# 5098657 - 385 Camino Real, Kerrville, TX 78028
Property listed by Phyllis Browning Company 210-824-7878 (210) 824-7878
:
Other
Status:
Active
Days On Website:
347
Property Details for 385 Camino Real, Kerrville, TX 78028
Description
Picturesque 10-acre multi-family mobile home community, offering positive cash flow with 5 units, and room to grow. NOI is $74,935.00, yielding a 7.6 cap rate. The property is fully fenced and has a wet weather creek and pond. The units are serviced by a 480’ deep well which had a new pump installed in 2020, and also has a 2500 gallon storage tank and new booster pump installed in 2022. There is a spacious 18x30 metal workshop that currently stores the owner’s equipment. The five residential units are well maintained ranging from 1986-2018, with remodels in 2022. Each unit has a private fenced yard and views of the hills. The interior road provides access to each unit, and also to future sites.
Open House
Features
Property Access
- Caliche
Appliances & Equipment
- ElectricOven
- Refrigerator
Bathrooms
- 9 full bathrooms
- 9 total bathrooms
Bedrooms
- 13 total bedrooms
- 13 bedrooms on main level
Building
- 5,192 sqft living area
- WoodSiding
Community
- CommonGroundsArea
Fence
- Fenced
Heating
- Central
Listing
- 257 days on market
- Listed on 2024-01-11
Location
- County: Kerr
- Subdivision: Hidden Valley Ranch
Lot
- 10 acres
- Area: 10
- Level
Parking
- DetachedCarport
Property
- Hills
- TreesWoods
Roof
- Shingle
Schools
- Elementary School: Outside School District
- Elementary School District: Kerrville Isd
- Middle School: Outside School District
- Middle School District: Kerrville Isd
- High School: Outside School District
- High School District: Kerrville Isd
Taxes
- Year: 2023
Utilities
- ElectricityConnected
- WaterConnected
Property Map
Map View
$985,000 - 385 Camino Real, Kerrville, TX 78028
Street View
Directions
385 Camino Real
Kerrville, TX 78028
County: Kerr