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1749 Max Rd 8 Unit Mobile Home Park $1,796,015 CAD ($224,502 CAD/Unit) 8.29% Cap Rate Pearland, TX 77581



INVESTMENT HIGHLIGHTS
- 8-unit stabilized multifamily asset
- Large units (6 units - 3BD/2BA and 2 units - 2BD/2BA)
- Strong NOI and cash flow
- 100% occupied with strong tenant retention
- Low operating expenses & private utilities
- +/-4895 acre site with future expansion or redevelopment potential
EXECUTIVE SUMMARY
1749 Max Road presents a rare stabilized multifamily investment opportunity in Pearland, Texas, one of the fastest-growing submarkets within the Greater Houston area. The property consists of 8 well-maintained units situated on nearly 5 acres, offering investors immediate cash flow with long-term options.
The asset is 100% occupied with extremely low tenant turnover, supported by large unit layouts that appeal to long-term renters seeking space, privacy, and affordability. The peaceful setting and privacy contribute to strong tenant retention and stable demand. The property operates with a low expense ratio due to private utilities (water well and septic) and individually metered electric, resulting in a strong NOI and minimal management intensity.
Strategically located approximately 20 minutes from Downtown Houston and the Texas Medical Center, the property benefits from excellent connectivity via State Highway 288, providing convenient access to major employment centers, universities, and William P. Hobby Airport. The surrounding area continues to experience population growth, steady rent appreciation, and limited new multifamily supply, supporting durable occupancy and long-term rental demand.
With its stabilized income profile and significant land component, 1749 Max Road is well-suited for both downside protection and future upside through rent growth, expansion, or alternative use (subject to zoning and approvals).
The asset is 100% occupied with extremely low tenant turnover, supported by large unit layouts that appeal to long-term renters seeking space, privacy, and affordability. The peaceful setting and privacy contribute to strong tenant retention and stable demand. The property operates with a low expense ratio due to private utilities (water well and septic) and individually metered electric, resulting in a strong NOI and minimal management intensity.
Strategically located approximately 20 minutes from Downtown Houston and the Texas Medical Center, the property benefits from excellent connectivity via State Highway 288, providing convenient access to major employment centers, universities, and William P. Hobby Airport. The surrounding area continues to experience population growth, steady rent appreciation, and limited new multifamily supply, supporting durable occupancy and long-term rental demand.
With its stabilized income profile and significant land component, 1749 Max Road is well-suited for both downside protection and future upside through rent growth, expansion, or alternative use (subject to zoning and approvals).
PROPERTY FACTS
| Price | $1,796,015 CAD | Apartment Style | Single-Family Home |
| Price Per Unit | $224,502 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 5.00 AC |
| Cap Rate | 8.29% | Building Size | 8,000 SF |
| No. Units | 8 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1996 |
| Property Subtype | Manufactured Housing/Mobile Home | ||
| Zoning | Residential | ||
| Price | $1,796,015 CAD |
| Price Per Unit | $224,502 CAD |
| Sale Type | Investment |
| Cap Rate | 8.29% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Single-Family Home |
| Building Class | B |
| Lot Size | 5.00 AC |
| Building Size | 8,000 SF |
| No. Stories | 1 |
| Year Built | 1996 |
| Zoning | Residential |
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PROPERTY TAXES
| Parcel Number | 0234-0050-130 | Improvements Assessment | $106,796 CAD |
| Land Assessment | $438,648 CAD | Total Assessment | $545,443 CAD |
PROPERTY TAXES
Parcel Number
0234-0050-130
Land Assessment
$438,648 CAD
Improvements Assessment
$106,796 CAD
Total Assessment
$545,443 CAD
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