904 Thomason St, Huntsville, TX 77320
Magnolia MHP offers 52 total sites with 50 occupied tenant-owned homes.
Property Features for 904 Thomason St
General Information
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Investment Insights
Based on property information with market context.
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
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 77320, TX
Market
Vacancy Rate% for Multifamily in South region