Contact Information
Mobile Home Park Details
- Price: $18,250,000
- Cap Rate: 15.0% (Actual)
- Listing ID: 6988978
- Posted On: Nov 11, 2025
- Updated On: Nov 11, 2025
Description
- 14.98% Cap Rate and 20%+ Cash-on-Cash Return
- 301 Total Units Located in the 5th Largest MSA in Texas
- Flexible Operations With Superior Amenities Package
- 23 +/- Acres With Interstate 20 Frontage
- 100% Organic Tenant Base With No Master Lease
Amenities
- Laundromat
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Park Information
| Number of MH Lots: | 301 |
| Year Built: | 2019 |
| Size: | 24 acre(s) |
Financial Information (Actual)
| Gross Income: | $5,142,492 |
| Operating Expense: | $2,407,998 |
| Net Operating Income: | $2,734,494 |
| Expense Ratio: | 46.8 % |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
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