5800 Leedale StHouston, TX 77016

This exceptional 33-site mobile home park, known as Maple Leaf, presents a compelling investment opportunity in Northeast Houston, Texas. Priced at $3,410,000, this stabilized asset boasts a strong 6.50% cap rate and a net operating income (NOI) of $182,560. Situated on a 3.11-acre lot at 5800 Leedale St, Houston, TX 77016, the park benefits from a prime location near major transportation arteries including I-69, Beltway 8, and Houston Intercontinental Airport (IAH), providing residents with convenient access to employment centers and the broader Houston metropolitan area. The property features city water and sewer services, conveniently sub-metered and billed directly to residents, minimizing management overhead. Recently expanded, Maple Leaf offers a stable income stream with potential for future value enhancement through the conversion of park-owned rentals to home sales, thereby reducing ongoing operating expenses. Houston's robust growth and its position as a leading MSA for manufactured housing contribute to the property's long-term investment potential and projected rent growth. This is a rare opportunity to acquire a well-located, stabilized mobile home park in a thriving Texas market. The property is ideally suited for investors seeking a stable, cash-flowing asset with significant upside potential.