7-Home Manufactured Housing Portfolio Multi-Family FOR SALE


Lindale, TX
$1,100,000 USD
405-500-1880
, Lindale, TX for Sale
$1,100,000 USD
Multi-Family - FOR SALE
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7-Home Manufactured Housing Portfolio
Lindale, TX


HIGHLIGHTS

  • Immediate cash flow
  • Significant value-add opportunity
  • Low maintenance due to newer construction
  • Approximately $24,600 annual upside through rent adjustments
  • Minimal deferred maintenance due to newer construction
  • Excellent long-term investment in an expanding East Texas market

OVERVIEW

This is a rare opportunity to acquire a portfolio of seven income-producing manufactured homes located in the rapidly growing community of Lindale, Texas. Constructed between 2016 and 2018, these homes are situated on approximately 5.18 acres and provide investors with immediate cash flow and significant rental upside. The portfolio is currently producing approximately $99,000 in annual gross income, with the opportunity to increase annual revenue to approximately $123,600 by bringing below-market rents in line with current market rates. With five month-to-month leases already in place, investors have the flexibility to implement rent increases while maintaining stable occupancy

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Natalie JimmersonPrime Capital Real Estate GroupMore Info
405-500-1880

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Natalie JimmersonPrime Capital Real Estate GroupMore Info
405-500-1880

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