3401 N Vernon Street Amarillo, TX 79107

Other Residential MLS #: 25-1924 Courtesy Of FIMC Commercial Realty

$6,200,000

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Estimated monthly payments: $27,102/mo.* (recalculate)

Property InformationDescription

Rare investment opportunity, with amazing cash flow and low maintenance expenses! Paradise Hills Mobile Home Park, is 127 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 9.06% cap rate on actual numbers meaning the NOI is over $560K per year!
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Features

  • Age: Over 50 Years Old
  • Architecture Style: Other

MAP & DIRECTIONS

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3401 N Vernon Street, Amarillo, TX 79107
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School Information

3401 N Vernon Street, Amarillo, TX 79107

Elementary School
Grades 6 | Public School
TRAVIS 6TH GRADE CAMPUS
Amarillo, TX 79107
2801 NE 24th Ave
806.­326.3809
Distance: 1.1 mi
School Rating
D+
Student:Teacher Ratio
14:1
Total Students
311
Elementary School
Grades PK-5 | Public School
MESA VERDE ELEMENTARY SCHOOL
Amarillo, TX 79107
4011 Beaver Dr
806.­326.4800
Distance: 0.6 mi
School Rating
C
Student:Teacher Ratio
13:1
Total Students
435
Middle School
Grades 7-8 | Public School
TRAVIS MIDDLE SCHOOL
Amarillo, TX 79107
2815 Martin Rd
806.­326.3800
Distance: 1.2 mi
School Rating
B-
Student:Teacher Ratio
14:1
Total Students
697
High School
Grades 9-12 | Public School
PALO DURO HIGH SCHOOL
Amarillo, TX 79107
1400 N Grant St
806.­326.2400
Distance: 2.3 mi
School Rating
C-
Student:Teacher Ratio
14:1
Total Students
1915
Other Nearby Schools Distance Type Grades School Rating
Whittier Elementary School 1.2 mi Public PK-5 C+
Forest Hill Elementary School 1.8 mi Public PK-5 A-
Hamlet Elementary School 1.9 mi Public PK-5 F
Eastridge Elementary School 2.1 mi Public PK-5 B-
Rogers Elementary School 2.2 mi Public PK-5 B-
Pleasant Valley Elementary School 2.2 mi Public PK-5 B-
Park Hills Elementary School 2.6 mi Public PK-5 D-
Emerson Elementary School 2.8 mi Public PK-5 C+
Allen 6th Grade Campus 2.8 mi Public 6 D
Willow Vista Eca 2.9 mi Public PK-KG
Mann Middle School 2.9 mi Public 7-8 C-
Sanborn Elementary School 3.5 mi Public PK-5 C
George Washington Carver Early Childhood Academy 3.5 mi Public PK-1
Bowie Middle School 3.6 mi Public 7-8 C
North Heights Alternative 3.6 mi Public 9-12 C
Bowie 6th Grade Campus 3.7 mi Public 6 C-
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Amarillo, TX 79107

Median Age: 32
Married: 42%
Number of Households: 9,423
Households with Children: 46.9%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 Amarillo Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.