Purley Mobile Home Park
Mobile Home Park | 33 Pads
Marketing description
JTACR Real Estate Group is pleased to present Purley Mobile Home Community: a 33-site long term community in Mt. Vernon, TX. The site is outside of city limits, includes an expansive 19 acres, and supports the local community by providing a well cared for affordable housing solution for the residents.
Current ownership has built and improved on this community over the course of their ownership. Management has been consistently adding improvements to the homes as well as the infrastructure of the community, with large CapX projects encompassing much of their operations.
The unit mix includes 16 rent to own contracts, 14 park owned homes, and 3 tenant owned homes. This opportunity presents investors with a strong, turnkey opportunity, which should immediately cashflow, while also leaving value add opportunities on the table for the future owner.
Investment highlights
- 33-site all-ages mobile home community on 19.5 acres in Mt. Vernon, TX — outside city limits, no flood zone
- On-site staff in place — water individually metered and passed through to tenants, electricity direct-billed
- Centrally anchored between Mt. Pleasant, Sulphur Springs, and Winnsboro — positioned along the I-30/US-67 corridor with Dallas 105 miles west, drawing a stable tenant base from a 30-mile trade area supported by 4,000+ jobs across manufacturing, healthcare, and education
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