Description
Seller will consider offering a seller second lien up to $90,000 with acceptable terms. 3 Rental Income Producing Units! This income-producing property features 3 residences on one lot—2 mobile homes and 1 modular home—offering multiple revenue streams in a high-demand Hill Country rental market. Two of the homes are currently leased long-term for a combined $2,475/month, while the third operates as a short-term rental with pro forma income bringing total projected rents to approximately $3,675/month ($44,100 annually). It also has one more buildable space for another unit to be added.
Whether you’re expanding a rental portfolio or looking for a value-add opportunity in the Canyon Lake market, 1235 Skylark delivers immediate income with upside potential in one of the fastest-growing recreational areas in Central Texas.
- Principal and Interest
- Property Tax
- HOA fee
