Mobile Home & RV Park
For Sale
Contact for pricing
Pending
1545 N Lexington Blvd, Corpus Christi, TX 78409
Six communities with public utilities span the Corpus Christi, Killeen, Texarkana, and Houston markets.
Property SizeContact for details
Days on Market145
Property Features for 1545 N Lexington Blvd
General Information
Standard status
Pending
Property subtype
Mobile Home Park, Multifamily
Occupancy
80%
Additional Details
Utilities to Site
Yes
Listing Agency:
Berkadia Commercial Mortgage Orlando
Listed By:
Ian Hilpl · License #SL3461767
Source:
Crexi
Added: Apr 11
Changed: Sep 2
Last Checked: Sep 2 at 12:00AM
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 Berkadia Commercial Mortgage Orlando
Investment Insights
Based on property information with market context.
This manufactured housing portfolio includes 746 sites distributed among six communities: Gateway MHC, Cimarron Park Estates, Clear Creek Rentals, Oakwood MHP, Sunset Ridge MHP, and Hidden Valley MHP. The properties operate with public utilities and report overall occupancy of 80%.
The communities are located in the Corpus Christi, Killeen, Texarkana, and Houston markets, providing a multi-market portfolio across Texas. The offering also includes park-owned home rentals and a stated lease-to-purchase conversion strategy for those homes. Operating expense reductions under new management are identified as a potential result of that change in structure.
The communities are located in the Corpus Christi, Killeen, Texarkana, and Houston markets, providing a multi-market portfolio across Texas. The offering also includes park-owned home rentals and a stated lease-to-purchase conversion strategy for those homes. Operating expense reductions under new management are identified as a potential result of that change in structure.
Key Highlights
- 746 sites across six manufactured housing communities
- 80% overall occupancy across the portfolio
- Public utilities serve the communities
Property Analytics
Property Profile
Current Use
Lease Details
80%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
368
Businesses Nearby
Explore this area
Business Placement
Demographics for 78409, TX
2,570
Population
1,013
Households
2.5
Avg Household Size
39
Median Age
14%
College-Educated
75%
High-School Grad
18.4 sq mi
ZIP Area
140
Density / Sq Mi
$62,813
Median Household Income
$33,078
Median Earnings
$986
Median Rent
$133,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Six communities with public utilities span the Corpus Christi, Killeen, Texarkana, and Houston markets.
Where is this mobile home & rv park located?
The property is located at 1545 N Lexington Blvd Corpus Christi, TX.
What are key features of this property?
This property features: 746 sites across six manufactured housing communities; 80% overall occupancy across the portfolio; Public utilities serve the communities
