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904 Thomason St, Huntsville, TX 77320

Magnolia MHP offers 52 total sites with 50 occupied tenant-owned homes.

Property SizeContact for details
Days on Market121

Property Features for 904 Thomason St

General Information

Standard status Active
Property subtype Mobile Home Park
Occupancy 96%
Listing Agency: Other Street Advisors
Listed By: Enon Winkler · License #FL BK3055134
Source: Crexi
Added: Apr 12 Changed: Aug 10 Last Checked: Jul 23 at 1:43PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Other Street Advisors

Investment Insights

Based on property information with market context.

Magnolia MHP is a mobile home park community in Huntsville, Texas, comprising 52 total sites. Of the 52 sites, 50 are occupied by tenant-owned homes, and there are two vacant lots that are partially developed.

The park is currently generating lot rent from the occupied sites, with an identified rent increase from $235 per month to $250 per month scheduled to be implemented on November 1, 2021. The two partially developed vacant lots provide additional on-site space for completing development and adding new homes to increase occupancy.

The property is offered for sale by OtherStreet Advisors in conjunction with Markley & Co., LLC, with an offer due date noted as September 21st.

Key Highlights

  • Magnolia MHP in Huntsville, TX has 52 total sites, with 50 occupied tenant‑owned homes.
  • Current average lot rent is $235/month on the occupied sites (50 tenant‑owned homes).
  • Lot rents increase to $250/month effective November 1, 2021.

Property Analytics

Current Use

Mobile home & RV ...

Suggested Use

Top Pick Dental Office Electrical Service Veterinary Clinic Home Appliance Store Parking Lot & Garage Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

96.2%
Occupancy

Location Intelligence

Trade Area within ½ mile

323
Businesses Nearby

Demographics for 77320, TX

37,325
Population
12,135
Households
3.1
Avg Household Size
42
Median Age
15%
College-Educated
81%
High-School Grad
343.6 sq mi
ZIP Area
109
Density / Sq Mi
$51,765
Median Household Income
$37,041
Median Earnings
$975
Median Rent
$174,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Magnolia MHP offers 52 total sites with 50 occupied tenant-owned homes.
Where is this mobile home & rv park located?
The property is located at 904 Thomason St Huntsville, TX.
What are key features of this property?
This property features: Magnolia MHP in Huntsville, TX has 52 total sites, with 50 occupied tenant‑owned homes.; Current average lot rent is $235/month on the occupied sites (50 tenant‑owned homes).; Lot rents increase to $250/month effective November 1, 2021.
More about this property
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