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3109 S County Road 1200 - 19-LOT MOBILE HOME PARK | 100% OCCUPIED 3.75 Acres of Commercial Land Offered at $835,000 in Midland, TX 79706
Investment Highlights
- 19 Mobile Home spots
- Close to I-20 Income Producing Property for Sale!
- Main House - 3 Bedroom, 2 Bath, 2 Car Garage
Executive Summary
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: 2 OWNER/RENTAL HOUSEs INCLUDED
3 bed / 2 bath home
2-car garage
Can be:
Owner-occupied
Rented for additional income
Used for onsite management
2024 Mobile home, completely remodeled 3/2 with modern finishes and large fenced private yard.
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 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 3.75 AC |
| Property Type | Land |
| Price | $835,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 3.75 AC |
1 Lot Available
Lot
| Price | $835,000 | Lot Size | 3.75 AC |
| Price Per AC | $222,666.67 |
| Price | $835,000 |
| Price Per AC | $222,666.67 |
| Lot Size | 3.75 AC |
Block 065 ALL Addn South Plains
Description
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 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
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3109 S County Road 1200 - 19-LOT MOBILE HOME PARK | 100% OCCUPIED
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