1520 E Sheppard Dr, Gladewater, TX 75647

Mobile Village is a 33-lot, majority tenant-owned home community located at 1520 E Sheppard Dr in Gladewater, Texas — strategically positioned along the US-80 corridor between Longview and Tyler, two of East Texas' most active employment hubs. The park operates at 90.9% occupancy with a 29% OER driven by a fully tenant-paid utility structure, generating a 2025 NOI of $64,418 on 2025 rents and a T12 NOI of $78,398 following the January 2026 rent increase to $300/month. The property is offered free and clear with majority tenant-owned homes, minimal management overhead, and approved expansion capacity for 7 additional sites. With rents meaningfully below comparable communities and a stable, long-term resident base, Mobile Village presents a straightforward acquisition with immediate income and a clear path to value creation.

Looking for something else? Please submit your buyer criteria so that our team can better pair you with opportunities that meet your needs > CLICK HERE

HOW TO PARTICIPATE

• Inquiries should be made by contacting Caleb Jackson at [email protected]
• DO NOT show up to the property unannounced.
• DO NOT speak to staff, residents or owners without written consent from Broker.
• All offers must be submitted in a Letter of Intent format with proof of funds and/or letter from a lender.
• Please review all diligence materials prior to contacting an agent.

Bird Dogs: we encourage Bird Dogs to work on our listings; however, we asked that any Bird Dogs be sure that their buyer has reviewed the marketing materials prior to contacting an agent and scheduling a meeting. We get so many calls from Bird Dogs asking about creative financing structures. Everything a buyer needs to know about our listings and seller preferences can be found in the marketing materials or the deal room. Serious buyers are encouraged to schedule one-on-one meetings with the brokerage team. Please be sure to have proof of funds accessible by this meeting date.