• 65 SE 1500, Andrews, TX 79714

For Sale

Special Purpose
Land

For Sale

This property is available for sale
2.0
Acres
$800,000
Sale Price
  • Overview

    DESCRIPTION:
    This 2 AC tract of land has 13 RV hookups that are fully occupied and rent for $400/month each.
    LOCATION:
    This property also has a 2,414 SF house that includes a 400 SF addition. The house is currently occupied by property owner and will be vacated after purchase. The house addition is occupied and rents for $700/month (tenant has rented for past 3 years). Currently, 1/2 AC of this tract is allotted to horses. One horse currently occupies this property for $200/month. This property is immediately east of US HWY 385 on SE 1500. This property is located in the southern region of Andrews, TX.
    SIZE:
    2 AC Tract + 2414 SF House
    PRICE:
    $800,000 ($73,200 NOI)
    FLOOD SIZE:
    Unknown

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Property Details

DESCRIPTION:
This 2 AC tract of land has 13 RV hookups that are fully occupied and rent for $400/month each.
LOCATION:
This property also has a 2,414 SF house that includes a 400 SF addition. The house is currently occupied by property owner and will be vacated after purchase. The house addition is occupied and rents for $700/month (tenant has rented for past 3 years). Currently, 1/2 AC of this tract is allotted to horses. One horse currently occupies this property for $200/month. This property is immediately east of US HWY 385 on SE 1500. This property is located in the southern region of Andrews, TX.
SIZE:
2 AC Tract + 2414 SF House
PRICE:
$800,000 ($73,200 NOI)
FLOOD SIZE:
Unknown

  • Property Type
    Special Purpose, Land
  • Sale Price
    $800,000
  • Total Acres
    2.0
  • Cap Rate
    9.0%
  • Last updated
    Jul 06, 2020
  • Property ID
    1243480

Landlord's Sales Representative

  • Beau Tucker
    Coldwell Banker Commercial Capital Advisors