Paradise Way, Navasota, TX 77868
This exceptional investment opportunity presents a turnkey 120-pad manufactured home community nestled in Paradise, Navasota, Texas. Spanning over 17.33 acres, the property boasts a robust infrastructure already in place, including a TCEQ wastewater permit approved for a 40,000 gallons per day capacity. Convenience is key with existing utilities such as Wellborn Water, Mid South Electric, and fiber internet access. Each of the 120 pads features individual water and electric meters for efficient management and billing. Adding to the community's appeal is a pre-existing barndominium, perfectly suited for conversion into a resident clubhouse, enhancing the overall living experience. This property offers significant potential for immediate income generation and long-term growth, making it an attractive proposition for savvy investors seeking a well-established and profitable venture in a desirable location. The property's size and existing infrastructure minimize upfront development costs, allowing for a swift return on investment. This is a rare opportunity to acquire a fully operational manufactured home community with substantial acreage and established utilities, ready for immediate occupancy and revenue generation. The location in Paradise, Navasota, TX offers a strategic advantage for attracting residents.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.