100 N Helen Moore Rd - Manufactured Housing/Mobile Housing FOR SALE


San Benito, TX 78586
$21,600,000 USD
305-396-3650
100 N Helen Moore Rd, San Benito, TX for Sale
$21,600,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/5
null | Request Cap Rate

100 N Helen Moore Rd
San Benito, TX 78586


HIGHLIGHTS

  • Seller financing available up to $4.7M
  • DOH: 143
  • COMMUNITY DESIGNATION: "All Age" Family

OVERVIEW

Jennifer Stein Real Estate, Inc. in conjunction with MHP Brokerage is pleased to present for sale Los Reyes Family Park. Los Reyes Family Park offers a fantastic investment opportunity with 219 spaces, of which 143 homes are owned by the park. This all-age, family-friendly community boasts a solid 98% occupancy rate and is home to excellent tenants who enjoy a well-maintained and thriving environment. The park features a soccer field, a BBQ area, and off-street parking, providing a sense of community and enhancing the overall living experience for residents. The current owner has made significant investments in the property, ensuring that there is no deferred maintenance and that the park is in exceptional condition. Additionally, the property has 90 acres of land behind the park, providing ample room for future expansion, which presents exciting growth potential for any investor. Located in San Benito, TX, a city in the Rio Grande Valley, the park benefits from the area's strong economic momentum. San Benito is thriving with growing demand for housing as the region expands, particularly due to the booming presence of SpaceX and other industries that are creating jobs and boosting population growth. San Benito's proximity to key transportation routes and the Mexico border adds further appeal, making it an ideal location for long-term investment. As the region continues to grow, Los Reyes Family Park stands poised for continued success and value appreciation.

FOR SALE DETAILS

PRICE

$21,600,000 USD

PRICE/SF

$7,200 USD /SF

# OF UNITS

219

PRICE/UNIT

$98,630

CAP RATE

Request Cap Rate

% LEASED

98%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Los Reyes Family Park

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

PARKING SPACES

-

LAND DETAILS

LAND ACRES

49 AC

LAND SF

2,134,440 SF

ZONING

-

APN/PARCEL ID

610820-1270-015000

ASK ABOUT THIS PROPERTY

Sammy DeebMHP BrokerageMore Info
305-396-3650

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Sammy DeebMHP BrokerageMore Info
305-396-3650

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.