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    3182 Brownie Campbell Rd Houston, TX 77038

    For Sale
    Contact for pricing

    High-Yield Mobile Home Park, 6 Units

    Property size:
    91,476 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional value-add opportunity presents a 2-acre unrestricted land parcel in Houston, Texas, at 3182 Brownie Campbell Rd, 77038. The property boasts a prime location inside Beltway 8, conveniently situated between TX 249 and I-45, offering easy access to major transportation arteries. Currently operating as a fully occupied mobile home park with six units generating a current NOI of $57,341, significant upside potential exists through pro-forma NOI projections of $74,141. The property features approximately 91,476 square feet of total land, with 5,400 square feet of net rentable space. The existing six single-story buildings are situated on the property, leaving nearly an acre of undeveloped land at the rear. This presents a unique opportunity to expand the mobile home park, add additional structures, or develop alternative uses such as warehouse or industrial buildings, maximizing return on investment. The property benefits from a well and septic system, and enjoys low property taxes. The unrestricted zoning allows for a wide range of development possibilities. This is a rare chance to acquire a cash-flowing asset with substantial growth potential in a highly desirable Houston location.

    Property Features for 3182 Brownie Campbell Rd

    General Information

    Property type
    Multifamily properties
    Square Feet
    91,476 SF
    Class
    C

    Building Details

    Buildings
    6
    Stories
    1
    Units
    6

    HighLights

    • 6‑unit mobile home park on 2 unrestricted acres in Houston, TX.
    • $57,341 current NOI, $74,141 pro‑forma NOI.
    • 91,476 total sq ft, 5,400 sq ft net rentable.
    • Located inside Beltway 8 between TX 249 and I‑45.
    • Fully occupied with potential for expansion.
    • Well and septic on site; low taxes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.4705449
    Latitude
    29.9343596

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    FAQs

    What type of property is this?
    Multifamily property - High-Yield Mobile Home Park, 6 Units
    Where is this multifamily property located?
    The property is located at 3182 Brownie Campbell Rd Houston, TX.
    What are key features of this property?
    This property features: 6-unit mobile home park on 2 unrestricted acres in Houston, TX.; $57,341 current NOI, $74,141 pro-forma NOI.; 91,476 total sq ft, 5,400 sq ft net rentable.
    Request Owner's contact information
    3182 Brownie Campbell Rd Houston, TX 77038
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    Houston, TX 77038
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3182 Brownie Campbell Rd Houston, TX 77038
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