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Investment Highlights

  • 19 Mobile Home spots
  • Close to I-20 Income Producing Property for Sale!
  • Main House - 3 Bedroom, 2 Bath, 2 Car Garage, & Inground Pool

Executive Summary

19-LOT MOBILE HOME PARK | 100% OCCUPIED | $83K NOI | MIDLAND, TX
Rare opportunity to acquire a fully stabilized 19-lot mobile home park in Midland, TX featuring 100% occupancy and an active tenant waitlist.
This property has delivered consistent performance with zero vacancy for 8 years, making it a highly reliable cash-flowing asset in the Permian Basin.
?? STRONG IN-PLACE CASH FLOW
Gross Income: $120,000/year
Net Operating Income: $83,115/year
Cap Rate: ~10% at asking price
?? Immediate income with proven stability
?? INVESTMENT HIGHLIGHTS
? 100% Occupied + Waitlist
Fully leased 19 pads
8-year track record of zero vacancy
Built-in demand with waiting list
?? Low-Maintenance Operations
All tenants pay electronically (Venmo)
No onsite management required
Simple, efficient rent collection
?? Operates as a low-touch investment
?? PRIME PERMIAN BASIN LOCATION
Located in Midland, TX
Strong workforce housing demand
Stable tenant base tied to local economy
?? BONUS: OWNER/RENTAL HOUSE INCLUDED
3 bed / 2 bath home
2-car garage + pool
Can be:
Owner-occupied
Rented for additional income
Used for onsite management
?? PRICING
$835,000
?? Approx. $43,900 per lot INCLUDING house
?? ~10% cap rate based on actual performance
?? IDEAL BUYER
1031 exchange investors
Passive income buyers
Out-of-state investors
Owner-operators

Property Facts

Price $835,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 1.70 AC

1 Lot Available

Lot

Price $835,000
Price Per AC $491,176.47
Lot Size 1.70 AC

Block 065 ALL Addn South Plains

Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
  • Listing ID: 39216004

  • Date on Market: 1/26/2026

  • Last Updated:

  • Address: 3109 S County Road 1200, Midland, TX 79706

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