Income-Producing Mobile Home Park for Sale – Chandler, TX!
Turnkey Investment Opportunity – 8 Park-Owned Homes + 2 Vacant Lots

We are selling due to distance , our sons health and getting older. We left homes empty as they became vacant to make easier to repair. No issue ever keeping them full and when we want to fill a home, we place marketplace ad or put sign in yard. Buyer responsible to verify any and all information.

* Income Potential: Approx $7,600/month +/- ($91,200/year) * (assuming below market rent rates of $900 for 7 homes, $500 for park model rv, and $400 each for 2 empty lots). That projection could be higher or lower depending on what new owner does with it.
* Prime Location: 2 Acres on FM 315 S., near Lake Palestine
* Value-Add Opportunity: Needs some work but has HUGE upside!

Property Highlights:
✔ 10 Total Lots – 8 Park-Owned Homes + 2 Vacant Lots
✔ Stable Income – 4 Current Tenants Generating $2,500/month (when park was full was generating much higher and these are at well below market rent rates)
This is what we were renting for since 2005 and have always kept full. Some homes do need some things before renting (new flooring, painting, etc). Unit A. $600 * we have a past tenant getting in this one for $800 Unit B $600 *currently rented Unit C $600
Unit D $500 * this is one we are culling. Unit E $700 *currently rented Unit F $700
Unit G $ 600 Unit H $600 Unit I $426 * park model currently rented includes water
Unit J $426 * empty lot , was a park model that included water. As you can tell , these are far below current rent values as we really never raised over the years.
✔ High Demand Area – Close to Lake Palestine, Strong Rental Market
✔ Expansion Potential – Increase Rents & Occupancy for Higher ROI
✔ Water & Septic – Utilities in Place

Cap Rate & Pricing Breakdown
* Potential Annual Income: $91,200/year +/-

Market Valuation Based on Cap Rates:

At 8% Cap Rate: $91,200 ÷ 0.08 = $1,140,000
At 10% Cap Rate: $91,200 ÷ 0.10 = $912,000
At 12% Cap Rate: $91,200 ÷ 0.12 = $760,000

*Adjusting for Distress & Repairs

As-Is Pricing:
8% Cap Rate After Repairs: $990,000
10% Cap Rate After Repairs: $762,000
12% Cap Rate After Repairs: $610,000
Asking Price: $600,000 - $800,000 (Discounted for Repairs & Vacancy)

Investor’s Dream:
With improvements, this park has the potential to generate over $90K annually! Whether you’re an experienced investor or new to mobile home parks, this is a cash-flowing asset with massive upside.

Disclaimer: All financial projections, cap rates, and potential income figures provided are estimates based on current market conditions and historical performance. Future income, occupancy rates, and expenses are subject to market fluctuations, tenant turnover, and other factors beyond the seller’s control. Buyer is responsible for conducting their own due diligence, including verifying financials, property condition, and zoning regulations. No guarantees or warranties, expressed or implied, are made regarding future revenue or return on investment.