MLS# 550223 – 144 Elm Street, Lolita, TX 77971

This busy mobile home park in Lolita, nestled in the heart of the desirable Industrial School District, is just 10 miles from the nearly 2,500 acre Formosa Plastics petrochemical complex & is a short 12 miles from Point Comfort, TX. Featuring 8 mobile homes currently on site with room for 10 more this is your chance to enter the rental market or the perfect opportunity for you to round out your rental portfolio. These have been leased on both long & short term basis so the possibilities are endless. 2 of the existing homes are currently occupied and the property has 15 water/sewer taps and each spot is independently metered for power. Speaking of endless possibilities, this site is comprised 3 tracts that total 1.67 acres on both sides of the HIGH traffic count FM 1593. For the right minded buyer the potential for development here is REAL. A restaurant/bar, a drive thru beverage barn, a convenience store or an RV park are just a few of the potential uses for this unique property sitting in a distinctive high traffic location. Opportunities like this are few and far between, do not miss out!