1303 Paradise Way Navasota, TX 77868
For Sale
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This exceptional investment opportunity presents a 120-pad mobile home park situated on a 2.33-acre lot in Navasota, Texas (Brazos County, zip code 77868). The property, identified by APN 40535 and located at 1303 Paradise Way, is classified as Class A commercial land. The park currently features a mix of single-wide, double-wide, and a few tiny home spaces. A large barndominium is included and intended for future use as a clubhouse amenity. Utilities are secured: Wellborn Water will provide water service, while Mid-South Electric will supply electricity and fiber internet. The park has a Texas Commission on Environmental Quality (TCEQ) approved discharge permit for 40,000 gallons per day. This property offers significant potential for growth and income, strategically located just south of College Station, conveniently off Highway 6. The asking price is $2,199,000. The lease expiration date is April 30, 2025. Permitted zoning is 110. This is a rare opportunity to acquire a well-established and expanding mobile home park in a high-demand area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.