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Two-Park Portfolio, 176 Total Lots, San Antonio Metro photo 1
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Two-Park Portfolio, 176 Total Lots, San Antonio Metro

San Antonio, Texas

$11,800,000

Total sites
176
Cap rate
6–8%
Occupancy
90%+
  • Assumable Debt

Key Details

Asking price
$11,800,000
Property type
Manufactured Housing Community
Total sites
176
Cap rate
6–8%
Occupancy
90%+
NOI
Available on request
Price per site
$67,045
Utilities
City water & sewer
State
TX

Overview

Two parks 6 miles apart, professionally managed, offered as a package.

Investment highlights

  • Two parks six miles apart under one management team
  • Combined 91% occupancy
  • Both parks on city utilities
  • Assumable agency debt on the larger park

Features

  • City utilities
  • Park-owned homes

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

Financial summary

Asking price
$11,800,000
Cap rate
6–8%Range
NOI
On request
Occupancy
90%+Range
Price per site
$67,045
Park-owned homes
< 10%

The seller shares exact NOI, cap rate, occupancy, and lot rents with qualified buyers after a request. Ranges shown are computed from the seller's figures.

Financing options

Seller financing is not advertised for this property. Conventional, agency, and bridge financing are common for this asset class.

  • Assumable debt in place
Explore financing options

Location

Approximate area in San Antonio, 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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$11,800,000

176 sites · San Antonio, TX

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