145-Site Houston MSA Community
145-Site Community in the Houston MSA
Marketing description
**This Seller has no interest in holding paper or creative financing.**
Sunstone Real Estate Advisors is pleased to present a 145-site manufactured housing community located in Houston, Texas, one of the fastest-growing metropolitan areas in the United States. The community is currently operating at approximately 98% occupancy, with 142 occupied sites and 3 vacant sites. By close, the community will be at 100% occupancy with 145 occupied sites. The community consists of 24 resident-owned homes and 115 owner-financed homes, providing a stable resident base and consistent occupancy. Current average monthly site rent is approximately $750. The property’s location in North Houston offers convenient access to major transportation corridors, employment centers, retail amenities, and George Bush Intercontinental Airport.
This offering presents the opportunity to acquire a well-occupied community in one of the nation’s strongest manufactured housing markets. The property’s high occupancy and established resident base provide stable in-place cash flow, while future rent growth offers additional upside. Houston’s diverse economy, population growth, and business-friendly environment continue to support long-term housing demand throughout the region. Limited vacancy exposure reduces lease-up risk and allows new ownership to focus on operational efficiencies and revenue growth. The property represents an opportunity to acquire a stabilized manufactured housing asset within the Houston MSA.
Investment highlights
- 145-site manufactured housing community in the Houston MSA
- ~98% occupied community with 142 occupied sites. 3 vacant sites, and $750 average monthly site rent (By close, the community will be at 100% occupancy with 145 occupied sites)
- 24 resident-owned homes and 115 owner-financed homes
- Located near George Bush Intercontinental Airport, I-45, Beltway 8, and major employment centers
- Positioned within one of the nation's strongest population and job growth markets
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