$998,000 3.28 acres 13952 Old Highway 59, Splendora, Texas 77372 - Montgomery County
DEVELOPMENT PROPERTY WITH INCOME!! Let the income from this 3.28 acres with Highway 59 & Old Hwy 59 frontage pay your investment while you wait to develop. Now used as Mini storage units + mobile home park. 5 minutes from Grand Texas theme park; next to proposed motel; City water & sewer; NO FLOODING; LOW TAXES. Improvements are 20,700 sf in 138 units of mini storage spaces, 24 mobile home space, 16 rented, 9 park owned. Additional electrical for expansion. 81% occupied, 7.125% Cap Rate.
Bill Gardner Gardner Realty