Property details
About 3401 N Vernon St
Rare investment opportunity, with amazing cash flow and low maintenance expenses! Paradise Hills Mobile Home Park, is 123 lots, an office and a duplex located right off Grand St. in Amarillo, TX. The park is on City streets and city water reducing the maintenance expenses, this sale is for the lots only. The property is 100% full with each lot paying $400 per month! It's being offered at a 9.04% cap rate on actual numbers meaning the NOI is over $540K per year!
Highlights
(Pending - Contingent)
Summary
- MLS Number: 25-1924
- MLS Name: Amarillo
- Office Name: FIMC Commercial Realty
- Office Phone: (806) 358-7151
- Office Email: risha@fimcrealty.com
- Listing Agent: Kirk Chudej
IDX information is provided exclusively for consumers' personal, non-commercial use, that may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but not guaranteed accurate by the MLS. Source of this information is from Amarillo Association of REALTORS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 4/18/2025, 5:15:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$6,000,000
3401 N Vernon St
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $298,041 | $5,537 |
| 2023 | $255,935 | $3,887 |
| 2022 | $221,572 | $3,887 |
| 2021 | $155,445 | $3,863 |
| 2020 | $155,755 | $3,863 |
| 2019 | $155,755 | $3,907 |
| 2018 | $155,755 | $3,907 |
| 2017 | $156,855 | $3,825 |
History based on county public records data.
Nearby schools
4
Mesa Verde Elementary School
Public District PK-5
0.6 mi
•4011 Beaver Dr
3
Travis 6th Grade Campus
Public District 6-6
1.1 mi
•2801 NE 24th Ave
5
Whittier Elementary School
Public District PK-5
1.2 mi
•2004 N Marrs St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $47,868. The majority of Amarillo, TX residents have income between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Mexican League Soccer
NHRA Drag Racing
Horse Races
Where do the neighbors shop?
Burlington
Big Lots
Books-a-Million
Where do the neighbors go to eat?
Church's Chicken
Golden Corral
LongHorn Steakhouse
What do the neighbors drive?
Chevrolet
Kia
Toyota
What do the neighbors listen to?
Urban Adult Contemporary
Adult Standards- Adult Hits
This home is located at 3401 N Vernon St in Amarillo, TX and zip code 79107 in the Mesa Verde neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since February 20, 2025 and is currently priced at $6,000,000.