4401 E STAGECOACH ROAD, KILLEEN, TX 76542

Homes for sale in Killeen.

Homes for sale in 76542.


4401 E Stagecoach Road

Killeen, TX 76542

Active

List Price$2,100,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

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

Real Estate IDX Powered by iHomefinder