Contact Information
Shane Reynolds
Mobile Home Park Details
- Price: $400,000
- Purchase Method: Cash
- Listing ID: 6965522
- Posted On: Aug 16, 2025
- Updated On: Aug 16, 2025
Description
***NO OWNER FINANCING. FAIR AND REASONABLE OFFERS CONSIDERED.****
This has been 20 years of income for us. Keep the park owned homes OR lease to own them for no maintenance and lease the lots! Sell the homes, change to RV park and finance those. So many options , so close to Lake Palestine, Tyler, Hwy 155 and Hwy 31!! HUGE growth in those areas!
Income-Producing Mobile Home Park for Sale – Chandler, TX!
Turnkey Investment Opportunity – 8 Park-Owned Homes + 2 Vacant Lots
We are selling due to distance , our sons health and getting older. We left homes empty as they became vacant to make easier to repair and to focus on our son. No issue ever keeping them full and when we want to fill a home, we place marketplace ad or put sign in yard. Buyer responsible to verify any and all information.
Income Potential: example: $7,100/month ($85,200/year) * (assuming below market rent rates of $900 for 6 homes, $500 for park model rv, and $400 each for 3 empty lots)
Prime Location: 2 Acres on FM 315 S., near Lake Palestine
Value-Add Opportunity: Needs some work but has HUGE upside!
Property Highlights:
✔ 10 Total Lots – 8 Park-Owned Homes + 2 Vacant Lots
✔ Stable Income – 4 Current Tenants Generating $2500/month (when park was full was generating much higher) Unit A. $600 * we have a past tenant getting in this one for $800 Unit B $600 *currently rented Unit C $600 Unit D $500 * this is one we are culling. Unit E $700 *currently rented Unit F $700 (this one we are culling unless someone wants to retain to fix.
Unit G $ 600
Unit H $600 Unit I $426 * park model currently rented includes water
Unit J $426 * empty lot , was a park model that included water.
As you can tell if you're familiar with current rents, these are far below current rent values as we really never raised over the years. We have had numerous calls asking if we have anything for rent.
✔ High Demand Area – Close to Lake Palestine and Tyler, Strong Rental Market
✔ Increase Rents & Occupancy for Higher ROI
✔ Water & Septic – Utilities in Place
Disclaimer: All financial projections, cap rates, and potential income figures provided are estimates based on current market conditions and historical performance. Future income, occupancy rates, and expenses are subject to market fluctuations, tenant turnover, and other factors beyond the seller’s control. Buyer is responsible for conducting their own due diligence, including verifying financials, property condition, and zoning regulations. No guarantees or warranties, expressed or implied, are made regarding future revenue or return on investment.
Park Information
Size: | 2 acre(s) |
Utility Information
Water Paid By: | Tenant - Individual Service |
Sewer: | Septic |