For Sale

$425,000

HIGHLIGHTS:
  • Active
  • $6,361/month
  • 119 DOM
  • 1 Stories
  • 0 Beds
  • 896 SqFT
Description

5 units at the Splendora location and 3 units at the Cleveland location! Don't miss this unique chance to own an 8-unit mobile home portfolio, one being in an area where new mobile home parks are no longer permitted, making opportunities like this increasingly rare and highly desirable. With four active tenants already in place, this property offers immediate income potential and a strong foundation for future improvements. The portfolio includes multiple units with upside potential, making it an ideal opportunity for investors looking to increase cash flow through renovations and property enhancements. Several homes could benefit from updates, providing the perfect chance to implement a strategic improvement plan. Whether you're expanding an existing portfolio or entering the mobile home park investment sector, this one-of-a-kind property offers a combination of current occupancy, long-term demand, and limited future competition due to zoning restrictions in the Splendora area.

Overview
  • MLS Number: 8130716
  • Type: Multi-Family - Multiple Detached Dw
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 896 SqF
  • Land Size: 32,409 sqft
  • Year Built: 1980
Financial
Price:
$425,000
Price/SqFT:
$474.33
Original Price:
$525,000
Reduced $:
$100,000
Reduced On:
Sep 29th, 2026
Reduced %:
19.05 %
HOA Fee:
Tax Rate:
2.3028 %
Est. Monthly:
$6,361 *
Tax Amount:
$9,787
Amenities and features
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Floors:
    Carpet,Laminate
    Heating:
    Central Electric
    Cooling:
    Central Electric,Window Units
  • Roof:
    Metal
    Exterior Type:
    Other
    Parking Unit:
    Two

Listed By:
Adam Olsen

eXp Realty, LLC

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