Eastgate MHP: Value-Add
6108 LTjg Barnett Rd Fort Worth, TX 76114
For Sale
Contact for pricing
Pending
98-site Fort Worth community with retail and significant upside.
Property Size4,416 SF
Lot Size7.71 Acres
Days on Market178
Property Features for 6108 LTjg Barnett Rd
General Information
- Standard status
- Pending
- Size
- 4,416 SF
- Lot size
- 7.71 Acres
- Property subtype
- Mobile Home Park
Listing Agency:
Sunstone Real Estate Advisors
Listed By:
Kolman Bubis · License #471.001148
Source:
Crexi
Added: Jan 29
Changed: Jul 10
Last Checked: Jul 24 at 3:54PM
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 Sunstone Real Estate Advisors
Investment Insights
Based on property information with market context.
Eastgate MHP, a 98-site manufactured housing community, is located at 6108 LTjg Barnett Rd, Fort Worth, TX 76114. The property is situated within a rapidly expanding metropolitan area. The offering includes a 4,416-square-foot retail building, providing an additional income stream. The community maintains a 94% occupancy rate. Residents value affordability, convenient access to major transportation routes, and proximity to established retail corridors. The current average lot rents are $547, which is more than $150 below comparable communities. The property operates on municipal water and sewer, both billed back to residents. Situated on 7.71 acres with asphalt roads and a high percentage of tenant-owned homes, the community benefits from reduced capital expenditure requirements. The property generates $748,752 in annual revenue and an in-place NOI of $357,294. Underwritten projections highlight NOI increasing to $534,929 in Year 1 and approaching $600,000 by Year 2, driven by rent alignment, continued utility reimbursement, and ongoing operational refinement. Eastgate MHP represents an opportunity to acquire a well-performing asset with pathways to value creation and long-term performance.
Key Highlights
- Significant rent upside potential with current average lot rents $150 below comparable communities.
- Strong 94% occupancy rate indicating stable demand.
- Located in a dynamic and rapidly expanding Fort Worth metropolitan area.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
KSC military Alteration
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Mobile home & RV park - 98-site Fort Worth community with retail and significant upside.
Where is this mobile home & rv park located?
The property is located at 6108 LTjg Barnett Rd Fort Worth, TX.
What are key features of this property?
This property features: Significant rent upside potential with current average lot rents $150 below comparable communities.; Strong 94% occupancy rate indicating stable demand.; Located in a dynamic and rapidly expanding Fort Worth metropolitan area.
