1607 George Thomas Rd Texarkana, TX 75501
This exceptional investment opportunity presents a well-established 7-unit mobile home park situated on a spacious 2.74-acre lot in Texarkana, Texas. Located at 1607 George Thomas Rd, in Bowie County, this Class C multifamily property (APN 07980005400) offers a compelling return on investment. The park currently boasts 7 occupied mobile home lots and an additional 2 vacant pads, providing immediate income and significant upside potential for future growth. The asking price is $330,000, translating to approximately $47,143 per unit. The property is offered fee simple, providing complete ownership. Detailed rent rolls are available upon request, allowing prospective buyers to thoroughly assess the current income stream and projected profitability. This turnkey operation presents a rare chance to acquire a stable and cash-flowing asset in a desirable location. The property's nine buildings, including seven occupied mobile homes and two vacant pads, offer a blend of immediate income and expansion opportunities. This is an ideal investment for those seeking a proven, income-generating property with potential for further development. Don't miss this chance to own your own cash-flowing mobile home park in the thriving Texarkana market.
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Country Lane Park 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
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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.