Dellwood Mobile Home Park
Mobile Home Park | 13 Pads | $62,308/pad
Marketing description
TO VIEW FINANCIALS, CLICK **VIEW OM” OR “SEE DUE DILIGENCE”, SIGN THE CONFIDENTIALITY AGREEMENT, AND YOU WILL HAVE IMMEDIATE ACCESS”. CONTACT NICK MCMILLAN WITH ANY QUESTIONS [email protected] OR CALL 617-470-7821
The MHP Value Team is pleased to offer for sale Dellwood MHP, a 13-site mobile home community located in Dallas, Texas.
The community consists of 7 lot renters at $514/m, 4 RTO's at $994/m, 1 POH at $1100/m and 1 RV site at $500/m. All utilities are billed back through city utility providers, creating an efficient and low-expense operation with strong in-place cash flow. The property is currently 100% occupied and offers true passive income characteristics for investors.
Current rents are estimated to be approximately $75 below market, providing a clear path for future revenue growth through gradual rent increases.
Dallas-Fort Worth is a strong long-term investment market, driven by population growth, job creation, corporate relocations, and a business-friendly economy. Continued demand supports housing, rentals, and commercial real estate, making Dallas attractive for investors focused on cash flow and appreciation.
The investment strategy for this community involves increasing rents toward market levels to maximize long-term NOI and overall asset value.
Important Note to Prospective Buyers from Pace Morby: Congrats to all new members of the Pace Morby “Creative Finance” and “Subto” communities. We appreciate your interest and enthusiasm. Please note that we work exclusively with qualified, verified buyers. Our clients are not seeking first-time purchasers attempting to acquire mobile home parks with no capital investment. We will also not share proprietary Seller information with any intermediaries, including, but not limited to, scouts, “bird dogs,” or third parties.
Investment highlights
- 100% occupied community on city utilities providing stable in-place cash flow
- Majority tenant-owned community creates creating low maintenance operations
- $120k top line income and $80k NOI implies an 9.82% cap rate
- Current rents approximately $75 below market, providing upside potential
- All city utilities billed back to tenants, maximizing net income
- Located in the growing Dallas MSA, which has a massive population gain year on year. Park is strategically located in southeast with convenient access to I-20, US-175, and Loop 12, connecting residents to major employment centers
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