15606 Country Walk Dr - Manufactured Housing/Mobile Housing FOR SALE


Lindale, TX 75771
$7,200,000 USD
903-360-5813
15606 Country Walk Dr, Lindale, TX for Sale
$7,200,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/1
null | 6.01% Cap Rate

15606 Country Walk Dr
Lindale, TX 75771


HIGHLIGHTS

  • Individually Metered Units
  • High-Demand Lindale Location
  • Professional Management and Clean Financials
  • Newer Inventory (2021-2023) - Lower Maintenance, High Appeal

OVERVIEW

Introducing a prime, turnkey investment on Country Walk Dr, Lindale, TX 75771-a professionally operated Class B Mobile Home Park offering immediate cash flow and minimal management burden. With a 6.01% CAP rate and 96% occupancy, this park offers strong performance in one of East Texas's most desirable and expanding submarkets. All 54 homes are park-owned, built between 2021-2023, and individually metered. Tenants pay all utilities, reducing overhead and increasing net return.

FOR SALE DETAILS

PRICE

$7,200,000 USD

PRICE/SF

$114 USD /SF

# OF UNITS

54

PRICE/UNIT

$133,333

CAP RATE

6.01%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mobile Home Park

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

PARKING SPACES

-

LAND DETAILS

LAND ACRES

35 AC

LAND SF

1,524,600 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Hannah TavennerNWP Property ManagementMore Info
903-360-5813

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Hannah TavennerNWP Property ManagementMore Info
903-360-5813

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.