This exceptional investment opportunity presents a 3.15-acre mobile home park situated on Highway 67, just east of Redwater, Texas. The property boasts four existing mobile homes, one of which is park-owned and currently rented, providing immediate income potential. There is also one vacant space, allowing for immediate occupancy or expansion. The total capacity is five spaces, with ample room for future growth and development. The property's location on Highway 67 offers excellent visibility and accessibility. The property's versatility extends beyond its current use as a mobile home park
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.