Port Arthur, TX 77640,4901 BROADWAY
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$ 1,500,000
Est. payment | /mo

2 Acres Lot


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$ 1,500,000
Est. payment | /mo
Save

2 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Lots

Listing Status Active

Purchase Type For Sale

MLS Listing ID 253350

Lot Size 2.000 Acres

Lot Dimensions 90000

Property Description

STAY A WHILE RV PARK in SABINE PASS. 34 spaces 97% occupancy month after month due to Local plant expansions that never seem to end! Past years rent income of $18,700/ mo. for $224,000 yr. Projected Net income after all expenses $162,000 giving an investor a 10- 11% Capitalization Rate. Electrical utilities boxes just replaced. City Water and Sewer.

Location

State TX

County Sabine Pass

Area Sabine Pass

Exterior

Street Surface Rock/Shell

Building

Sewer City Sewer, City Water

Water City Sewer, City Water

Schools

School District Port Arthur

Others

Acceptable Financing Call Agent, Cash, Conventional

Listing Terms Call Agent, Cash, Conventional

Financing Call Agent,Cash,Conventional

Listed by The Property Shoppe
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4901 BROADWAY