117 Wither LN, Smithville TX 78957

Great investment property 1 exit past Smithville on Hwy 71. The mobile home park has 15 units and 1 home on the property. 3 of the units are owned by tenants and the rest are owned by the seller. The majority of the tenants have long-term tenure. There is room for multiple additional manufactured homes. Income is currently $12,500+ as some rents have increased/are in the process of increasing. Currently the tenants are using the Terminus Access Easement noted on the survey. There is a separate road that will be built out, which is also noted on the survey with access just off of Hwy 71. There are 9 septic systems on the property which are shared by all tenants. There an extremely small portion on the intended road that is in the 100-year flood zone (as noted in photo). Easy access to Smithville and Bastrop. Electric provided by Bluebonnet. Two water wells are on the property but currently only use one well. Current owner is open to facilitating with property management short-term.