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31391386
31391385

182 Teaff Trail, Tye, TX 79563

JP
ER 100081901
NAI Outdoor Hospitality Brokers
BK
CO ER.100052334
NAI Outdoor Hospitality Brokers
Listed by NAI Outdoor Hospitality Brokers
$3,000,000
76 days on market
Updated 11 days ago

The Oasis Manufactured Homes Development

Details
APN A0206001500
Property Type Land, Mobile Home Park
Sub Type Residential, Mobile Home Development (+1)
Units 650
Class B
Acreage 119.000
Zoning N/A
Investment Type Redevelopment
Ownership Fee Simple

A Development Project with Two 60-Acre Parcels with Site Plans for Up To 650 Lots

Marketing description

Oasis Manufactured Home Resort Development Site is a premier opportunity for a developer looking to create a large, upscale community in a solid Texas market. Sellers will deliver at closing the development with all permits and approvals from city municipalities. The Abilene and Tye markets have a severe housing shortage and the city is encouraging housing projects to accommodate the growing population especially to cater to the influx of residents working at Dyess Air Force Base. There are nearly 16,000 people who work at the base or related to the base, making it the single largest employer. There are expected to be 2,000 new residents in the coming months due to a new US military contract and expansion of services. In addition, a new OpenAI Stargate data center is under development in Abilene, bringing significant economic momentum to the area. The first phase alone carries an estimated $15 billion investment for a 1.2-gigawatt campus, with peak construction employing roughly 6,400 workers per day. Once operational, the facility is projected to support nearly 1,700 full-time onsite jobs, adding long-term stability and driving strong demand for new housing in the surrounding market. The first two buildings of the project are expected to generate about $1 billion in economic impact for Abilene over 20 years, according to the Development Corporation of Abilene (DCOA).

Investment highlights

  • All City Utilities – Water, Sewer, Trash
  • Property is less than one mile from north end of base and 3 miles to east entrance
  • Significant demand for housing in the $200K price target or $1,500 per month rental market
  • There is no remaining housing on base and current demand exceeds capacity for off-base housing
  • All other mobile home parks in vicinity are older, lower quality and all have low vacancy
  • Estimated 60% of future MH residents would be working at the base or nearby construction projects
  • Growth of City has been to the south and southwest which puts this property in path of development
  • Those enlisted with the Air Force receive a housing credit of $1,100+ per month

Listing Contacts

JP
ER 100081901
NAI Outdoor Hospitality Brokers
BK
CO ER.100052334
NAI Outdoor Hospitality Brokers
Listed by NAI Outdoor Hospitality Brokers

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Additional Information

Name
George Dutter
License
405391
Brokerage
NAI Robert Lynn
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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