4401 E STAGECOACH ROAD, KILLEEN, TX 76542
Homes for sale in Killeen.
Homes for sale in 76542.
4401 E Stagecoach Road
Killeen, TX 76542
List Price$2,100,000
Listing #594921
908,357
Square Feet
Commercial
Type
About This Property
4401 E Stagecoach Road Is Known As: "Morning Sun Mobile Home Park" 15.751 Acres {Property ID: 51926} PLUS {Property ID 51891} An Additional 5.102 Acres For A Combined TOTAL of 20.853 Acres. The Mobile Home Park has 56 Lots with City Water, City Sewer, And Electric And Is Zoned MHP. The 5.102 Acres Is Currently Zoned Residential. The Seller Has Stated That None of the Mobile Homes are Park Owned - All Are Leased AND The Leases are Month To Month. The Seller Is WAY Below Market Rent With Current Lot Rent at $250 Per Home. The MHP has 1 Central Meter For Water Sewer & Trash - Monthly Estimates Are Between $2500 - $3,000 Monthly Expense. The current Owner then splits the Gross monthly bill and collects that back from the tenants {Roughly $65 - $75 per tenant}. The 20.853 Acres Is Priced With Highest And Best Use Based Upon Current Land Value with The Understanding That The New Owner May Want To Refurbish the Property And Utilize as a More Modern RV Park; Future Development AS A Mixed-Use Situs; Or Even As A Multi Family Locale And The RV Park. Multiple Possibilities Exist For The Creative Business Endeavour. The Stagecoach Road Frontage is Ideal For Commercial & Possible Multi-Family On The 5.102 Acres. Truly An Incredible Opportunity For The Investor Clientele! 20.853 Acres At The South Eastern Killeen Quadrant is a Rare Find. Seller is open to owner financing with a 40% down payment, 15 Year Amortization, 7% APR AND A 5 year Balloon Payment.
Property Features
Location Information
County
Bell
Directions
The Property Is Literally At The Intersection Of E. Stagecoach Road & East Trimmier Road. Entry Is Across From The Mickey's Chevron On Stagecoach Road.
Interior Features
Heating
None
Disabled Features
None
Cooling
None
Exterior Features
Stories
1
Dimensions
20.853 Acres
Foundation
None
Water Body
None
Possession
ClosingFunding, Closing
Has Waterfront
No
Water / Sewer
Public Sewer
Has View
No
Parking Description
RV Access/Parking
View
None
Garage Spaces
0
Is One Story
Yes
Lot Size in Acres
20.853
School
School District
Killeen ISD
Additional Information
Roof/Attic
Other, See Remarks
Year Built
1984
Other Utilities
Electricity Available, Separate Meters
Status
Active
Property Type
COM
Amenities
None
Property SubType
Commercial
Documents Available
None
Property SubType 2
Commercial Sale
Square Feet Source
Appraiser
Similar Listings
Mortgage Calculator
$9,807
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$7,567
Monthly Tax
$1,750
Monthly Insurance
$490
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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