3734 County Road 3655, Bridgeport, Texas

$975,000

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9,864

Square feet

3.03

Acres

About 3734 County Road 3655

Turnkey income-producing investment opportunity offering a 10%+ reported cap rate at the current asking price! Seven manufactured homes on two contiguous parcels totaling approximately 3.025 acres in Bridgeport, with approximately $112,800 in gross potential annual rental income and $99,630 in reported net operating income based on current owner-provided expenses. The property offers strong existing cash flow with additional upside. Average rent is approximately $1,343 per home per month at full occupancy, with rents currently below estimated market levels. Month-to-month leases provide a new owner flexibility to gradually adjust rents toward market rates and potentially increase NOI. Each home has its own electric meter and septic system. The homes have been well maintained, creating an attractive turnkey opportunity for an investor seeking immediate income without a significant renovation or repositioning project. The property consists of approximately 2.630 acres plus an adjoining 0.395-acre parcel and is located outside Bridgeport city limits. The approximately 3-acre site may offer potential for additional manufactured homes or future expansion, subject to buyer verification, applicable regulations, utilities, septic requirements, and approvals. Manufactured homes are currently considered separate property and are included with the sale. Both parcels and all seven homes are being offered together in one transaction. An excellent opportunity to acquire an established Wise County rental portfolio with strong current income and additional value-add potential.

Features of 3734 County Road 3655

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 3734 County Road 3655
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

Listing Map

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