4756 US Highway 82 - Manufactured Housing/Mobile Housing FOR SALE


Bells, TX 75414
$2,900,000 USD
214-208-6112
4756 US Highway 82, Bells, TX for Sale
$2,900,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/21
null | 10.92% Cap Rate

4756 US Highway 82
Bells, TX 75414


HIGHLIGHTS

  • Stable Occupancy: Reliable tenant base with primarily long-term tenants providing steady income.
  • Increase Income: Bring all rents to market rents to increase your cash flow.
  • Value-Add Opportunities: Room for expansion with additional RV pads, RV covers, carports, and amenities.
  • Proven Track Record: Operated by dedicated mom-and-pop owners, ready for a smooth transition to new ownership.
  • Flexible Ownership Options: Ideal for hands-on operators or investors hiring an on-site manager to utilize the living quarters.
  • Proximity to Employment Hub: Draws tenants from Sherman, TX, a growing economic center with a robust job market.

OVERVIEW

Turnkey 50-Unit RV Park with Significant Upside Potential. Proforma NOI of $316,807 and proforma cap rate of 10.9%. Prime Location: Conveniently located just a 10-minute drive from Sherman, TX, with excellent visibility from Hwy 82 and over 10,000 vehicles passing daily. Turnkey Investment Opportunity: Newly built 50-lot RV park on 20 acres of natural landscape, offering stabilized occupancy and steady income potential. Long-Term Tenant Base: The park is primarily occupied by long-term tenants, drawing clients from nearby Sherman, a major employment hub in the region. Value-Add Potential: Increase income by bringing rents to market, adding more RV covers, carports, storage sheds, and by developing additional RV lots. Ideal for Operators or Investors: Perfect for hands-on operators or investors hiring an on-site manager. Beautifully crafted on-site log cabin serving as the office, laundry facility, tenant showers/restrooms, and manager’s living quarters.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$1,450 USD /SF

# OF UNITS

50

PRICE/UNIT

$58,000

CAP RATE

10.92%

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

PARKING SPACES

-

LAND DETAILS

LAND ACRES

19.62 AC

LAND SF

854,647 SF

ZONING

-

APN/PARCEL ID

255056

ASK ABOUT THIS PROPERTY

Joseph JamesCentral Commercial GroupMore Info
214-208-6112

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Joseph JamesCentral Commercial GroupMore Info
214-208-6112

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