19-LOT MOBILE HOME PARK | 100% OCCUPIED 3109 S County Road 1200 Lot | Terrain commercial | 0,69 ha | À vendre | 720 496 € | Midland, TX 79706

19-LOT MOBILE HOME PARK | 100% OCCUPIED | $83K NOI | MIDLAND, TX
Rare opportunity to acquire a fully stabilized 19-lot mobile home park in Midland, TX featuring 100% occupancy and an active tenant waitlist.
This property has delivered consistent performance with zero vacancy for 8 years, making it a highly reliable cash-flowing asset in the Permian Basin.
?? STRONG IN-PLACE CASH FLOW
Gross Income: $120,000/year
Net Operating Income: $83,115/year
Cap Rate: ~10% at asking price
?? Immediate income with proven stability
?? INVESTMENT HIGHLIGHTS
? 100% Occupied + Waitlist
Fully leased 19 pads
8-year track record of zero vacancy
Built-in demand with waiting list
?? Low-Maintenance Operations
All tenants pay electronically (Venmo)
No onsite management required
Simple, efficient rent collection
?? Operates as a low-touch investment
?? PRIME PERMIAN BASIN LOCATION
Located in Midland, TX
Strong workforce housing demand
Stable tenant base tied to local economy
?? BONUS: OWNER/RENTAL HOUSE INCLUDED
3 bed / 2 bath home
2-car garage + pool
Can be:
Owner-occupied
Rented for additional income
Used for onsite management
?? PRICING
$835,000
?? Approx. $43,900 per lot INCLUDING house
?? ~10% cap rate based on actual performance
?? IDEAL BUYER
1031 exchange investors
Passive income buyers
Out-of-state investors
Owner-operators