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27060566
27060575

3049 FM 2259, Nacogdoches, TX 75961

LM
TX 9005018
Exit Realty Pro
Listed by Exit Realty Pro
$1,950,000
259 days on market
Updated 90 days ago

Woden Estates

Details
Property Type Mobile Home Park, Multifamily
Sub Type Single Family Rental Portfolio
Units 30
Cap Rate 9.04%
NOI $176,276
Occupancy 100%
Class B
Buildings 30
Investment Type Value Add

30-Unit Mobile Home Park with Expansion Upside near SFA

Marketing description

Rare Investment Opportunity-Mobile Home Park with Expansion Potential in East Texas

Presenting a unique opportunity to acquire a stabilized mobile home park situated on 6.07 acres in Nacogdoches, Texas. The community currently features 30 mobile homes with capacity for 10 additional units, offering immediate upside through expansion and increased cash flow.

Strategically located just minutes from downtown Nacogdoches and Stephen F. Austin State University, the property benefits from easy access to major highways and regional connectors. The park is positioned within driving distance of key metropolitan markets, making it an attractive location for tenants seeking affordable housing with strong commuter and student access.

In addition to its accessibility, the property is surrounded by outdoor and recreational amenities. Tenants enjoy proximity to Lake Nacogdoches and Lake Naconiche, both popular for fishing, boating, and swimming. Local trails & parks further enhance the community’s quality of life.

With East Texas experiencing steady population growth and rising demand for affordable housing, this property presents investors with both stable in-place income and significant long-term value creation through unit expansion and rent growth.

Investment highlights

  • 30 existing mobile homes with expansion potential for 10 additional pads on 6.07 acres

  • Located minutes from Stephen F. Austin State University (SFA) and downtown Nacogdoches

  • Proximity to recreation: near Lake Nacogdoches and Lake Naconiche

  • Strong rental demand driven by university, local employers, and regional growth

  • Stabilized income with upside potential through lease-up and future expansion

  • All utilities in place (water, sewer, electricity, sewer) with established infrastructure

  • Excellent access from FM 2259 with connections to US-259 and Loop 224

Listing Contacts

LM
TX 9005018
Exit Realty Pro
Listed by Exit Realty Pro

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$176,276.00
$14,689.67/mo

Valuation Metrics

0
DSCR
9.04%
Cap Rate
9.04%
ROI

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Additional Information

Name
Lisa Muncrief
License
9005018
Brokerage
EXIT Realty Pro
Brokerage Phone
9035677777
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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