3310 Stephen F Austin Dr
Brownwood, TX 76801
Yellow Rose Estates Mobile Home Park · Multifamily Property For Sale · 35,920 SF

Sunstone is pleased to present Yellow Rose Estates in Brownwood, TX. The park has 114 lots with a physical occupancy of 82 and economic occupancy of 73 lots in two separate parcels less than a mile apart. The park is priced on stabilized income with significant upside in filling lots in the Stewart St parcel. Due to the strong demand for affordable housing in Brownwood, the city and Economic Development Corporation are willing to work with the right buyer to increase the supply of quality affordable housing. The primary parcel is located across the street from Brownwood Middle School. Brownwood has a diverse local employment base including manufacturing facilities for 3M and Kohler, a regional medical center, and military presence with Camp Bowie. All of which are within minutes from the community. Brownwood is also home to Howard Payne University. The home notes are Dodd Frank compliant and were originated by a licensed residential MLO. The broker is aware of a program that buys home notes and pay 100 cents on the dollar for qualified buyers, allowing the buyer increased liquidity for operations. Brown County is a located in west-central Texas. Brown County is located approximately 135 miles Northwest of Austin, 120 miles southwest of Fort Worth, 75 miles southeast of Abilene and 95 miles east of San Angelo. Several U.S. Highways pass through the county, including Routes 84 and 67 as well as U.S. Route 377. The county has a total of 957 square miles, of which 944 square miles is land and 13 square miles is water. Lake Brownwood, located in the county, is a 7,300 acre reservoir that attracts both fisherman and visitors as fishing, camping, water skiing, jet skiing and boating are available. Austin-Bergstrom International Airport is located 150 miles from Brownwood County. A total of 12 million passengers traveled through the Austin-Bergstrom International Airport in 2015. The airport is now the 34th busiest airport for total passengers in the United States. Brownwood Regional Airport serves as the County's local airport. The Brownwood Bulletin is the local daily newspaper, an American Consolidated Media company that also serves media online through its website.