Property History
• Conversion Optionality — Park-owned homes can be transitioned to tenant ownership over time, allowing additional income to be captured from interest on home financing, lowering operational intensity, and supporting long-term value creation.
• Newer Home Inventory & Recent Capital Investment — The community features newer park-owned homes, and current ownership has completed significant capital improvement projects across the property, delivering a well-maintained, turnkey asset with minimal deferred maintenance.
• Reduced Capex Exposure — With homes and infrastructure recently updated, the property requires lower ongoing reserves and capital expenditure, allowing a new owner to focus on revenue optimization rather than rehabilitation.
• Recession-Resilient Affordable Housing — 20-site community serving Victoria's workforce population, addressing strong demand for attainable housing in a market with limited affordable alternatives.
• Secure, On-Site Storage Building Available For Tenants Exclusive Use
• Regional Economic Hub — Located in Victoria, a regional center for healthcare, education (University of Houston–Victoria, Victoria College), and energy-linked employment, supporting durable tenant demand.
• Dual Revenue Streams — All park-owned homes generate both lot rent and home rent, delivering significantly higher gross revenue per site than a typical tenant-owned-home community.
• Supply-Constrained Market — New park development is rarely permitted across Texas municipalities, protecting occupancy and insulating existing communities from new supply.
• Multiple Exit Strategies — Flexibility to stabilize and trade up, convert to tenant-owned for a higher exit multiple, or sell to a regional operator pursuing small-park consolidation.
The Vaulted Commercial Real Estate Team is pleased to present Sandy Hill Mobile Home Park (MHP), located in Victoria, Texas. This well-maintained property features 19 mobile home pads and a single-family house, boasting a 100% occupancy rate. Situated on approximately 9.63± acres, the park offers significant potential for expansion and development.
Sandy Hill Mobile Home Park offers a peaceful, secluded living environment while being conveniently located less than three miles from downtown Victoria. The property features gravel roads and parking areas, with all mobile homes being park-owned and each including a complimentary 10x20 storage unit for tenants. The park is serviced by a TCEQ certified well and an aerobic septic system, ensuring reliable utilities for tenants.
Assumable Financing Available
100% Occupied Mobile Home Park
Value Add Opportunity with Expansion Room
Assumable Financing Available
19 Park Owned Mobile Homes
3-Miles From Downtown Victoria, TX
Strong 5-Mile Demographics With 13,724
Loan History
Financial History
Tax History
Contact Information
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Comparable Properties
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