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Address is 6331 Greenbriar Road Tyler, TX 75704

Christopher Nortley

MHRE Inc.

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Greenbriar Oaks

Multi Family Housing for Sale in Tyler, Texas

6331 Greenbriar Road
Tyler, TX 75704

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Sale Price: $1,485,000

Contact Information

Christopher Nortley
MHRE Inc.

Mobile Home Park for Sale

Number of MH Lots: 100
Size: 14.6 acre(s)
Status: Sale Pending
Property ID: 869618
Posted on: Oct 18, 2017
Updated on: Dec 04, 2017
Price: $1,485,000

Property Description

Greenbriar Oaks is a 3-star all age community originally developed in 1971 and consists of 100 sites. There are currently 25 sites paying lot rent along with 63 fully developed vacant sites ready for new homes and an office. There are also 11 park owned homes of which 3 have rent paying occupants and 1 is an employee park owned home. 6 of the inventory homes are undergoing renovations and 1 is in good condition.

An investor who has the ability to bring in new homes will benefit from the shortage of affordable housing in Tyler along with the tremendous upside in value these new homes will create.

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Location Description

Tyler is an economic hub in northeast Texas and the Rose Capital of the United States. Tyler is known as the “Rose Capital of America” (also the “Rose City” and, less commonly, the “Rose Capital of the World”), a nickname it gained from a long history of rose production, rose cultivation, and the large quantity of roses processed throughout the area. Tyler is home to the largest rose garden in the United States, a 14-acre public garden complex that boasts over 38,000 rose bushes of at least 500 different varieties.

Park Information

Number of MH Lots:100
Total Occupancy:29.0%
Year Built:1971
Average MH Lot Rent: $236
Size:14.6 acre(s)

Utility Information

Water:City
Sewer:City