For Sale
$1,550,000

2711 Mission RdSan Antonio, TX 78214

High-Yield Texas Mobile Home Parks

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a portfolio of two mobile home parks in San Antonio, Texas, totaling 39 sites. Boasting a remarkable 95% occupancy rate, this property generates a strong pro-forma NOI of $125,942, resulting in an attractive pro-forma cap rate of 8.13%. The asking price for this well-maintained portfolio is $1,550,000, translating to a price per pad of $39,744. Conveniently located less than half a mile apart at 2711 and 3000 Mission Rd, San Antonio, TX 78214, in Bexar County, these parks offer significant management and maintenance efficiencies. Their strategic location, just 15 minutes from downtown San Antonio, ensures excellent accessibility and high resident appeal. The parks are situated on a combined 3.32 acres and benefit from all public utilities. This turnkey investment is ideal for experienced investors seeking a stable, high-performing asset in a thriving Texas market. The properties offer a compelling combination of strong cash flow, high occupancy, and convenient access to a major metropolitan area. This is a rare opportunity to acquire a well-established portfolio with significant upside potential.

Highlights

  • 95% occupancy, strong tenant base.
  • Full public utilities available.
  • Convenient access to downtown San Antonio.

Property Details for 2711 Mission Rd

Property type
Mobile home & RV parks
Lot Size (sq. ft)
144,619 SF
Units
39

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.3693045
Longitude
-98.4867013
2711 Mission Rd, San Antonio, 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].
2711 Mission 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