$2,125,000 - 900 Odessa Street 1-16, Kingsland
- -
- Bedrooms
- -
- Baths
- N/A
- SQ. Feet
- 1.97
- Acres
Excellent investment opportunity featuring 14 single-wide 3BR/2BA homes (approximately 1,000 sq ft each) on individual 0.10-acre lots. This well-maintained park is 100% occupied and benefits from strong, consistent rental demand in the growing Lake LBJ corridor. Each unit rents for $1,400 per month, providing reliable cash flow, with tenants either responsible for utilities or units operating under gross rents. Operating expenses average roughly 35% of gross income, in line with typical small-park performance. Based on current financials, investors can expect a 7%–8% cap rate, with room for upside through modest rent increases or utility restructuring. Conveniently located near schools, shopping, and year-round recreation, the property is well-positioned to capitalize on Kingsland’s steady population growth and demand for affordable housing. A rare turnkey, stabilized MH park offering dependable income and long-term stability in Central Texas.
Essential Information
-
- MLS® #:
- 9411086
-
- Price:
- $2,125,000
-
- Bathrooms:
- 0.00
-
- Acres:
- 1.97
-
- Year Built:
- 2020
-
- Type:
- Commercial Sale
-
- Sub-Type:
- Mobile Home
-
- Status:
- Active
Community Information
-
- Address:
- 900 Odessa Street 1-16
-
- Subdivision:
- Royal Oaks Estates 6
-
- City:
- Kingsland
-
- County:
- Llano
-
- State:
- TX
-
- Zip Code:
- 78639
Amenities
-
- Utilities:
- Electricity Connected, Sewer Connected, Water Connected
-
- Parking:
- Driveway
Interior
-
- Interior:
- Vinyl
-
- Heating:
- Central
Exterior
-
- Construction:
- See Remarks