420 Martin Luther King, Mexia, Texas

Description

GREAT RENTAL AND INVESTMENT PROPERTY ON HWY 14 - This property currently has 4 Manufactured Homes, a Cabin and room to add more. The existing MH on this property have all been purchased elsewhere, moved here and remodeled over the years. Current inventory of rentals: 1) MH 750sf, 2) MF 1116sf, 3) MH 750sf, 4) MF 1824sf, 5) cabin 480sf. Additionally there is a metal building 1200sf; 3 sided, tall roofed metal carport 400sf; and a portable single metal carport. The property has room to add more Manufactured Homes for increase income potential. Possibly add RV camper sites with County approval and septic availability. The property is being surveyed - should be 3.04 acres per a NEW SURVEY. Listing Agent has several Lenders that will loan on moved MH.

Directions: travel South on Hwy 14 from Mexia towards Groesbeck after you pass The Cowboy Western Club the property will be on your right sign on the property