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110 3rd St 15 Unit Mobile Home Park $1,400,000 ($93,333/Unit) 7.71% Cap Rate Natalia, TX 78059
INVESTMENT HIGHLIGHTS
- High tenant occupancy
- Location is in high demand area
- All units are brand new or completely remodeled in last 5 years
EXECUTIVE SUMMARY
15 unit mobile home park on 2.5 acres available in Natalia, Texas. Natalia is a growing area, just 30 minutes South West from downtown San Antonio, about 20 minutes from Castroville, and near booming oil and gas areas surrounding the Eagle Ford Basin.
6 of the mobile homes are less than 5 years old and the remaining 8 properties have had interior remodels. There is a large lot attached to the property that could accommodate up to 11 more homes or even RVs if desired. In 2024 the property ran nearly a 100% occupancy with very little turn over. When a home becomes vacant it is typically rented within 10 days.
Natalia is a great market for renters as the location is ideal for people in the oil and gas industry, close to great schools, and is a family oriented town with the convenience of San Antonio minutes away. With so much growth coming to this city and the surrounding areas of San Antonio, this is your chance to take advantage of this investment!
6 of the mobile homes are less than 5 years old and the remaining 8 properties have had interior remodels. There is a large lot attached to the property that could accommodate up to 11 more homes or even RVs if desired. In 2024 the property ran nearly a 100% occupancy with very little turn over. When a home becomes vacant it is typically rented within 10 days.
Natalia is a great market for renters as the location is ideal for people in the oil and gas industry, close to great schools, and is a family oriented town with the convenience of San Antonio minutes away. With so much growth coming to this city and the surrounding areas of San Antonio, this is your chance to take advantage of this investment!
PROPERTY FACTS
| Price | $1,400,000 | Property Subtype | Manufactured Housing/Mobile Home |
| Price Per Unit | $93,333 | Building Class | C |
| Sale Type | Investment | Lot Size | 2.50 AC |
| Cap Rate | 7.71% | Building Size | 11,698 SF |
| No. Units | 15 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1990 |
| Price | $1,400,000 |
| Price Per Unit | $93,333 |
| Sale Type | Investment |
| Cap Rate | 7.71% |
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 2.50 AC |
| Building Size | 11,698 SF |
| No. Stories | 1 |
| Year Built | 1990 |
PROPERTY TAXES
| Parcel Number | 19432 | Improvements Assessment | $0 |
| Land Assessment | $11,070 | Total Assessment | $11,070 |
PROPERTY TAXES
Parcel Number
19432
Land Assessment
$11,070
Improvements Assessment
$0
Total Assessment
$11,070
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K&R Mustang Properties LLC
110 3rd St
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