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Mobile Home Park 15606 Country Walk Dr 54 Unit Mobile Home Park $6,900,000 ($127,778/Unit) 6.27% Cap Rate Lindale, TX 75771
Investment Highlights
- Individually Metered Units
- Professional Management and Clean Financials
- High-Demand Lindale Location
- Newer Inventory (2021-2023) - Lower Maintenance, High Appeal
Executive Summary
Introducing a prime, turnkey investment on Country Walk Dr, Lindale, TX 75771-a professionally operated Class B Mobile Home Park offering immediate cash flow and minimal management burden. With a 6.01% CAP rate and 96% occupancy, this park offers strong performance in one of East Texas's most desirable and expanding submarkets. All 54 homes are park-owned, built between 2021-2023, and individually metered. Tenants pay all utilities, reducing overhead and increasing net return.
Property Facts
| Price | $6,900,000 | Apartment Style | Garden |
| Price Per Unit | $127,778 | Building Class | C |
| Sale Type | Investment | Lot Size | 35.00 AC |
| Cap Rate | 6.27% | Building Size | 63,005 SF |
| No. Units | 54 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 2021 |
| Property Subtype | Manufactured Housing/Mobile Home |
| Price | $6,900,000 |
| Price Per Unit | $127,778 |
| Sale Type | Investment |
| Cap Rate | 6.27% |
| No. Units | 54 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 35.00 AC |
| Building Size | 63,005 SF |
| No. Stories | 1 |
| Year Built | 2021 |
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Mobile Home Park | 15606 Country Walk Dr
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