Country Walk Dr
Stabilized Mobile Home Park Investment – 6.01% CAP | 96% Occupancy | Tenant-Paid Utilities
Marketing description
Introducing an exceptional investment opportunity at Country Walk Dr, Lindale, TX 75771! This Mobile Home Park with 100% park owned homes boasts a solid 6.5% CAP rate with a high occupancy rate of 96%. The property consists of 54 mobile homes; with manufactured dated between 2021-2023, offering a total of 54 units. With a square footage of 63,005 and a price per square foot of $114.28, this Class B property is a stabilized investment with an NOI of $432,432. Strategically located to attract tenants, the park features ample parking and is in close proximity to essential amenities. Whether you're looking to expand your portfolio or enter the lucrative mobile home park market, this property presents a lucrative opportunity not to be missed. Act fast and seize the potential for consistent returns in a thriving market. Don't let this opportunity slip away - invest in Country Walk Dr today!
*Please note that the seller's financials include capital expenditures for replacing carpet with vinyl plank flooring in the units, and these items have been deducted from the pro forma. Project currently financed by Vanderbilt; who is a lender willing to finance a park owned homes project. Seller is open to the right owner financing structure but will only consider a written offer with detailed terms outlined.
Investment highlights
Stabilized Mobile Home Park Investment – 6.01% CAP | 96% Occupancy | Tenant-Paid Utilities
Introducing a prime, turnkey investment on Country Walk Dr, Lindale, TX 75771—a professionally operated Class B Mobile Home Park offering immediate cash flow and minimal management burden.
Investment Highlights:
CAP Rate: 6.01%
NOI: $432,432
Occupancy: 96%
Units: 54 individually metered mobile homes
Manufactured Dates: 2021–2023 (modern, low-maintenance inventory)
Square Footage: 63,005 SF
Price per SF: $114.28
Utility Structure: Individually metered – tenants pay all utilities
Parking: Ample tenant and guest parking
Location: High-demand area in Lindale, TX, right off of I-49, near essential amenities and service
This property offers a rare blend of newer construction, strong in-place income, and tenant-paid utilities, ensuring lower operating expenses and strong net returns. The park is fully stabilized with a professional tenant base and well-maintained infrastructure, making it ideal for investors seeking passive income with low overhead.
Take advantage of this rare opportunity to own a high-performing asset in one of East Texas's growing markets.
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