Trailer Park For Sale By Owner in Mineola, TX

Property Description

Turn-key 12 unit tiny home rental community for sale by owner in Mineola/Lindale, TX, offering a strong 9% cap rate and immediate cash flow. This fully leased property generates $11,700 per month ($140,400 annually) in gross rental income with low operating expenses of approximately $2,200 per month, resulting in about $114,000 Net Operating Income. Each of the 12 units is a 1 bedroom, 1 bathroom tiny home with a kitchen, living area, and covered porch, situated on a 1 3/10 acre lot that provides privacy and room for potential expansion. Priced at roughly $104,000 per unit, this community presents an attractive opportunity compared to many multifamily assets, with additional value-add potential by transitioning utilities to tenant-paid. The property is ideal for investors seeking stable, income producing real estate in a desirable location. Partial seller financing may be available for qualified buyers. Serious inquiries only; financials and rent roll are available upon request.

Details & Amenities

Property Address

19883 County Road 452, Mineola, TX 75773, USA, City - Smith County