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Property profile & analytics
OFF-MARKET
Commercial real estate

1607 George Thomas Rd Texarkana, TX 75501

2.74 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 2.74 ac (119,354 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Country Lane Park Park
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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