511 Smith Ave 27 Pasadena, TX 77504

This exceptional investment opportunity presents a portfolio of four well-maintained mobile home parks totaling 156 sites within the Houston MSA. Strategically located in Pasadena and Hitchcock, Texas, these parks boast a remarkable 96% occupancy rate, demonstrating strong market demand and consistent cash flow. All four parks utilize city utilities, minimizing operational complexities and maximizing efficiency. Less than 25% of sites are occupied by park-owned homes, presenting further upside potential. The portfolio's high occupancy rate is a testament to its strong management and the high demand for affordable housing in the area. Year-over-year rent increases have successfully maintained investment returns even in a rising cost environment. The current owners are motivated sellers and are open to considering all market offers. This is a truly turnkey operation, ideal for an investor seeking a stable, high-performing asset with significant growth potential. The properties are located at 511 Smith Ave, 3212 Federal Rd, and 4834 1st St in Pasadena, TX 77504, and 5613 FM 2004 in Hitchcock, TX 77563. Non-recourse financing options may be available.