Technical
Financial
Distress signals
Property profile

16614 Echo Glen Dr Tyler, TX 75703

FOR SALE
Mobile home & RV parks
Property ID
US82-9080769
Built 1984
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Property summary

AI-generated overview

JTACR Real Estate Group is pleased to present Tall Timbers RV Park: a 15-site community located in Tyler, TX. The community is advantageously positioned in a major Texas MSA where population and job growth has grown steadily over the years. With its proximity to DFW, the property provides excellent accessibility to the entire region. In addition, Tall Timbers RV Park is located within the City Limits of Tyler, with City hookups for both Water and Sewer. Current ownership features below market rents, as well as the upside of filling currently vacant pad sites and/or adding amenities, thereby presenting investors with the opportunity to acquire a well-maintained community with immediate rental upside. Current ownership added a laundry unit on the property for all the tenants. Option to purchase the adjoining Single-Family Residence for an additional $299,900. This well maintained 3 bed, 2 bath home acts a rental, bringing in $1,795 per month. The tenant to this SFR pays all their own utilities. So the property owner is responsible for taxes, insurance, and maintenance.

Property profile

Verified
Property type Mobile home & RV parks
Year built 1984
UPID US82-9080769

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Campground & RV Park

Location

16614 Echo Glen Dr Tyler, TX 75703
Tyler metro
Google Maps

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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