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42-Lot Park Near Downtown Tyler photo 1
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Manufactured Housing Community

42-Lot Park Near Downtown Tyler

Tyler, Texas

$1,150,000

Total sites
42
Cap rate
8.5%
Occupancy
95%
Age restriction
All ages
  • Seller Financing Available
  • Owner Direct

Key Details

Asking price
$1,150,000
Property type
Manufactured Housing Community
Total sites
42
Cap rate
8.5%
Occupancy
95%
NOI
$98,000
Price per site
$27,381
Age restriction
All ages
Utilities
Mixed
State
TX
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Overview

Small, well-located park with 42 lots and easy management.

Investment highlights

  • 40 of 42 lots occupied with tenant-owned homes
  • Simple, low-maintenance entry-level asset
  • Seller financing with 20% down

Features

  • Stabilized

The full property description, rent detail, and operating history are shared with buyers after a request.

Financial summary

Asking price
$1,150,000
Cap rate
8.5%
NOI
$98,000
Occupancy
95%
Price per site
$27,381
Park-owned homes
< 10%

Financing options

Seller Financing Available
Down payment
20%
Interest rate
6.5%
Amortization
25 years
Term
5 years

5-year balloon. No prepayment penalty.

Published terms are the seller's indication and subject to buyer qualification and a signed agreement.

Location

Approximate area in Tyler, Texas. The exact address is shared after a request.

Documents & due diligence

  • Offering memorandumFull property package
  • Rent rollLot-by-lot rents and occupancy
  • Operating statementsT-12 income and expenses
  • Exact address & site planShared with qualified buyers

Documents are released after a short request. The seller may ask buyers to sign an NDA before sharing the offering memorandum and rent roll.

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$1,150,000

42 sites · Tyler, TX

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