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2201 Research Boulevard Lubbock, TX 79407
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Key Details
Sold Price $700,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,720 sqft
Price per Sqft $148
MLS Listing ID 202410567
Sold Date 03/07/25
Bedrooms 4
Full Baths 3
HOA Y/N No
Year Built 1959
Annual Tax Amount $2,656
Lot Size 5.750 Acres
Acres 5.75
Property Sub-Type Multi Family
Property Description
Welcome to Elm Grove Mobile Home Village, an expansive 5.75-acre property offering a unique investment opportunity. This park features a spacious 4,720 square foot house and a 3,825 square foot shop, both currently unleased. Elm Grove Mobile Home Village includes 24 well-maintained mobile home units, each connected to one of twelve septic tanks, ensuring efficient waste management, while the house has its own separate septic system. All units, including the house, are serviced by a single well, ensuring a consistent water supply. This self-sufficient setup offers peace of mind and cost savings, making it a compelling opportunity for investors looking to maximize potential rental income and manage a profitable mobile home park.
Location
State TX
County Lubbock
Area 7
Rooms
Basement Basement
Interior
Interior Features Ceiling Fan(s), Walk-In Closet(s)
Heating Central, Natural Gas
Cooling Attic Fan, Central Air, Electric
Window Features Window Coverings
Appliance Dishwasher, Microwave, Refrigerator, Water Purifier, Water Softener, Water Softener Owned, Water Purifier Owned
Laundry Common Area
Exterior
Parking Features Carport, Garage Door Opener
Carport Spaces 2
Fence Fenced, Gate
Roof Type Composition
Garage No
Building
Lot Description Landscaped
New Construction No
Schools
Elementary Schools Shallowater
Middle Schools Shallowater
High Schools Shallowater
Others
Tax ID R29816
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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