Listed by CBRE - Houston Galleria
Unpriced
Nolan Creek Mobile Park
Details
APN 130034
Property Type Multifamily, Mobile Home Park
Sub Type RV Park, All-Age
Units 33
Occupancy 92%
Tenancy Multi
Year Built 1980
Acreage 4.210
Investment Type Value Add
Multifamily | 33 Units
Marketing description
CBRE's National Manufactured Housing & RV Specialty Practice is pleased to present Nolan Creek Mobile Park, a 33-site manufactured housing community located at 500 Houston St, Killeen, TX 76541. Situated on approximately 4.21 acres in Bell County within the Killeen-Temple metropolitan area, Nolan Creek is currently 67% occupied with 22 tenant-owned homes in place, providing an immediate, stabilized income base while vacant sites present near-term lease-up and value-add potential.
Investment highlights
- SIGNIFICANT BELOW-MARKET RENTS OFFER IMMEDIATE UPSIDE
- MILITARY-DRIVEN MARKET ANCHORED BY FORT CAVAZOS
- LEAN OPERATIONS WITH HISTORICAL 32% EXPENSE RATIO
Listing Contacts
Listed by CBRE - Houston Galleria
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