264-366 County Road 328 N - Manufactured Housing/Mobile Housing FOR SALE


Cleveland, TX 77327
$750,000 USD
713-277-4144
264-366 County Road 328 N, Cleveland, TX for Sale
$750,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/11
null | Request Cap Rate

264-366 County Road 328 N
Cleveland, TX 77327


HIGHLIGHTS

  • Fully Occupied Asset: Five mobile homes, all tenant-occupied, generating immediate and reliable rental income.
  • Strong Financial Performance: Minimal operating expenses with tenants responsible for their own utilities; owner primarily pays property taxes.
  • Attractive Cap Rate: High-return opportunity in a stable, cash-flowing asset class.
  • Turnkey Investment: Low-maintenance setup ideal for passive investors or portfolio expansion.
  • Growing Market: Located in the Cleveland, TX area, benefiting from rapid population growth and increasing rental demand.
  • Convenient Access: Close to major highways, local services, and community amenities, supporting long-term tenant retention.

OVERVIEW

Prime income-producing opportunity in the rapidly expanding Cleveland, TX market. This fully occupied 5-unit mobile home property sits on approximately 1.52 acres and offers reliable, turnkey cash flow from day one. Each home is tenant-occupied, providing consistent monthly income with minimal landlord responsibilities. Tenants pay their own utilities, keeping operating expenses extremely low—limited primarily to annual property taxes—resulting in a strong cap rate and attractive returns. The property is located in the South Park subdivision, an area experiencing ongoing residential and commercial growth, increasing rental demand, and long-term appreciation potential. Its proximity to major corridors and daily conveniences adds to its appeal for both residents and investors. With stable tenancy in place and opportunities for future value-add through rent adjustments, unit upgrades, or expansion (subject to buyer verification), this asset is ideal for both seasoned investors and those seeking a low-maintenance addition to their portfolio. Whether you are building out your rental holdings or searching for a high-performing, hands-off investment, 264 County Rd 328 delivers dependable performance with room to grow.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$130 USD /SF

# OF UNITS

5

PRICE/UNIT

$150,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Stable Cash-Flow Property – 5 Rental Homes

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2012

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.52 AC

LAND SF

109,771 SF

ZONING

-

APN/PARCEL ID

007330-000051-003,007330-000053-009

ASK ABOUT THIS PROPERTY

Juliana PerezAPEX RealtorsMore Info
713-277-4144

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Juliana PerezAPEX RealtorsMore Info
713-277-4144

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