22835 Ford RdPorter, TX 77365

For Sale
Call for price

Texas RV Park - 8% Cap Rate, 26 Units

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional investment opportunity presents a 26-unit mobile home park situated on a 1.18-acre lot in Porter, Texas. Boasting a current net operating income (NOI) of $87,000 and a proforma NOI of $105,000, this property offers an attractive 8% capitalization rate. The park features 30 concrete pad sites, with potential for expansion by 3-4 additional spaces and the addition of laundry facilities. Developed within the last two years, the park benefits from city water and sewer services. Its convenient location provides easy access to Highway 59 and Grand Parkway 99, and its proximity to multiple schools adds to its appeal. The property is located outside of all designated flood zones, mitigating risk. This well-maintained park presents a strong cash flow opportunity for investors seeking a stable, high-yield return in a rapidly growing area. The property's recent development and potential for expansion further enhance its long-term value proposition. This is a turnkey operation ready for immediate income generation.

Property Details for 22835 Ford Rd

Property type
Multifamily properties, Mobile home & RV parks
Lot Size (sq. ft)
51,401 SF
Units
26

Location Insight

City
Porter
County
Montgomery
State
Texas
Latitude
30.0964285
Longitude
-95.221261
22835 Ford Rd, Porter, Texas

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
22835 Ford Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message