19-LOT MOBILE HOME PARK | 100% OCCUPIED | $83K NOI | MIDLAND, TX

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: 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 Investment highlights 19 Mobile Home spots Main House - 3 Bedroom, 2 Bath, 2 Car Garage 2024 mobile home, completely updated 3/2 with large, private yard Close to I-20 Income Producing Property for Sale! 1031 exchange investors Passive income buyers Out-of-state investors Owner-operators