Nestled in the thriving heart of Seminole, TX, these two prime real estate locations present a unique investment opportunity with 7.5% Cap Rate
The first location boasts 20 homes, predominantly trailers, along with a substantial 3,200 sq ft shop. This setup is ideal for those looking to tap into the bustling local economy.
Just a stone's throw away, the second location features 10 homes and additional RV sites, catering to a diverse range of tenants. This property is further enhanced by a multi-unit enclosed boat or RV storage facility and mini storages, ensuring steady rental income. An on-site office provides convenience and ease of management.
The booming oilfield industry, coupled with thriving farming activities and other economic drivers, makes this investment particularly attractive. Notably, rents haven't been increased in five years, offering substantial potential for future growth. This is a perfect chance to invest in a diversified, high-demand area.
James Friesen is a Texas Native who was born and raised in good ole West Texas. James has a passion for all things real estate related.
As a farmer and rancher James understands just how powerful it is to own land. With almost 20 years in the ag business and buying and selling personal farms. It was time to serve others.
With an Entrepreneurial spirit and an investment mindset James decided to jump in to the real estate business, and help others market and buy some of their largest assesets. ( Land!!)
As a real estate professional James delivers a wealth of knowledge and skillset to the farm & ranch business. He has experience with alternative/renewable energy projects and also oil, gas and mineral leases. His hands-on experience in land cultivation, development and acquisition is on the leading edge in the industry. From the family farms to the large ranches in the region, he embodies competence, excellence and plain hard work which exceeds his client's expectations.
When not busy farming or showing property. James loves hanging out with his beautiful wife and kids. Other interests include golf, hunting, and things that go fast.
In a market that can be uncertain and challenging, and whether buying, selling or investing. Let James assist you and add wealth to your portfolio.
