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    OFF-MARKET
    Commercial real estate

    Paradise Way, Navasota, TX 77868

    17.33 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a turnkey 120-pad manufactured home community nestled in Paradise, Navasota, Texas. Spanning over 17.33 acres, the property boasts a robust infrastructure already in place, including a TCEQ wastewater permit approved for a 40,000 gallons per day capacity. Convenience is key with existing utilities such as Wellborn Water, Mid South Electric, and fiber internet access. Each of the 120 pads features individual water and electric meters for efficient management and billing. Adding to the community's appeal is a pre-existing barndominium, perfectly suited for conversion into a resident clubhouse, enhancing the overall living experience. This property offers significant potential for immediate income generation and long-term growth, making it an attractive proposition for savvy investors seeking a well-established and profitable venture in a desirable location. The property's size and existing infrastructure minimize upfront development costs, allowing for a swift return on investment. This is a rare opportunity to acquire a fully operational manufactured home community with substantial acreage and established utilities, ready for immediate occupancy and revenue generation. The location in Paradise, Navasota, TX offers a strategic advantage for attracting residents.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 17.33 ac (754,895 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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