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$ 1,500,000
Est. payment /mo
Active
4901 BROADWAY Port Arthur, TX 77640
2 Acres Lot
UPDATED:
11/11/2024 08:30 PM
Key Details
Property Type Vacant Land
Sub Type Lots
Listing Status Active
Purchase Type For Sale
MLS Listing ID 253350
Lot Size 2.000 Acres
Lot Dimensions 90000
Property Description
STAY A WHILE RV PARK in SABINE PASS. 34 spaces 97% occupancy month after month due to Local plant expansions that never seem to end! Past years rent income of $18,700/ mo. for $224,000 yr. Projected Net income after all expenses $162,000 giving an investor a 10- 11% Capitalization Rate. Electrical utilities boxes just replaced. City Water and Sewer.
Location
State TX
County Sabine Pass
Area Sabine Pass
Exterior
Street Surface Rock/Shell
Building
Sewer City Sewer, City Water
Water City Sewer, City Water
Schools
School District Port Arthur
Others
Acceptable Financing Call Agent, Cash, Conventional
Listing Terms Call Agent, Cash, Conventional
Financing Call Agent,Cash,Conventional
Listed by The Property Shoppe