Property profile

Paradise Way Navasota, TX 77868

OFF-MARKET
Commercial real estate
17.33 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Commercial real estate
Lot 17.33 ac (754,895 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Paradise Way Navasota, TX 77868
Navasota metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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