Listing provided courtesy of AmeriPlex Realty, Inc.- MLS# 21141368MLS ProviderContact Information: Teresa Von Illyes

109 Dill RoadWeatherford, TX 76085

Multi-Family · 1,500 Sq. ft. | 10.00 Acres
$1,200,000 Active Under Contract

109 Dill Road Overview

Visits:
11

DO NOT DISTURB THE TENANTS! Incredible and Rare opportunity to purchase and own an existing mobile home park in peaceful Weatherford, TX on ten flat and beautiful acres with no flood plain. This is a very successful park with approximately 25 units total and standing at almost 100% occupancy. More could be added to by leasing the modular home that the owner who is the current manager lives in and filling up some of the smaller units. Property has been grandfathered in by the city and county. Property has multiple septic tanks that service all the units. All mobiles are owned by property owner and not the tenants. Tenants pay rent for the mobile home NOT rent for land lease. All the buildings and mobile homes come with this sale except the seller is taking 2 motor homes, 1 bus and 1 building that is not on septic and 1 travel trailer on the corner next to #12. All tenants are on an annual lease agreement. Most tenants do work on their units in exchange for the security deposit. Property has two water wells. There are no city services out here at all. The maximum one well can service is 14-15 houses. No propane! Every house is all electric and the tenants pay their own electric service. Water (well water) is included in their rent. The modular home that the seller lives in has a solar system that has $100k owed on it and she will want that to transfer to the new buyer. Seller will need a minimum of a 30 day leaseback after closing. If you are looking for an income property on some beautiful land, this is it! There isn't a survey to provide. The seller keeps hand receipts of all rents paid. Some farm animals, cats and dogs live on the property. There is plenty of room for someone to build a new home on this land and still enjoy the benefits of having income producing houses. There are a total of 3 dumpsters on the property which seller pays approx $1k a month to the trash service for those. Property could be divided into 5 acre tracts with houses for $700k each parcel.

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109 Dill Road Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,500
  • Price/Sq.ft. $800
  • Lot 10.00 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Weatherford ISD
  • Elementary School: Travis
  • Middle Or Junior School: Tison
  • High School: Weatherford

Income/Expenses

  • Gross Income: 200000.0
  • Net Operating Income: 167000.0
  • Operating Expense Includes: Accounting,Capital Improvements,Maintenance Grounds,Manager,Maintenance,Trash,New Tax,Water/Sewer

Building Information

  • Year Built: 1970
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Parker
  • Postal City: WEATHERFORD
  • Subdivision Name: ABST 885 SURVEY

Tax Information

  • Tax Annual Amount: 4317.0

General Information

  • Exclusions: MINERALS, NO EXCEPTIONS.
  • Listing Terms: Cash,Conventional,Owner Will Carry
  • Parcel Number: R000047196
  • Property Type: Residential Income
  • Senior Community: No

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 1500.0

General Information

  • Appliances: Electric Oven
  • Flooring: Laminate
  • Foundation Details: Pillar/Post/Pier
  • Interior Features: Cable TV
  • Levels: One
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Common
  • Parking Total: 20.0

Lot Information

  • Lot Features: Acreage
  • Lot Size Acres: 10.0
  • Lot Size Area: 10.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 435600.0
  • Lot Size Units: Acres
  • Number Of Buildings: 27
  • Water Source: Well

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Aluminum Siding
  • Roof: Mixed

General Information

  • Number Of Units Total: 25
  • Pool Features: None
  • Sewer: Aerobic Septic
  • Utilities: Septic Available,Water Available,Cable Available

Unit Information

Unit 4 Details

  • Unit Type: 1 Bedroom

Unit 7 Details

  • Unit Type: 1 Bedroom

Unit 10 Details

  • Unit Type: 1 Bedroom

Unit 13 Details

  • Unit Type: 1 Bedroom

Unit 15 Details

  • Unit Type: 1 Bedroom

Unit 16 Details

  • Unit Type: 2 Bedroom

Unit 14 Details

  • Unit Type: 2 Bedroom

Unit 11 Details

  • Unit Type: 2 Bedroom

Unit 12 Details

  • Unit Type: 2 Bedroom

Unit 8 Details

  • Unit Type: 2 Bedroom

Unit 9 Details

  • Unit Type: 2 Bedroom

Unit 5 Details

  • Unit Type: 2 Bedroom

Unit 6 Details

  • Unit Type: 2 Bedroom

Unit 2 Details

  • Unit Type: 2 Bedroom
  • Units Total: 1

Unit 3 Details

  • Unit Type: 2 Bedroom

Unit 1 Details

  • Unit Type: 3 Bedroom
  • Units Total: 1

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

109 Dill Road Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

109 Dill Road Market Data

Based on the last 30 days in this zip code

$624,297
Average List Price
$265
Average Price per Square Foot
21
Properties Sold
182
Average Days on Market
146
Properties for Sale
Calculations provided by Reliance Network


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