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Stable Cash-Flow Property – 5 Rental Homes 264-366 County Road 328 N 5 Unit Mobile Home Park $1,036,875 CAD ($207,375 CAD/Unit) Cleveland, TX 77327

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INVESTMENT HIGHLIGHTS

  • Fully Occupied Asset: Five mobile homes, all tenant-occupied, generating immediate and reliable rental income.
  • Attractive Cap Rate: High-return opportunity in a stable, cash-flowing asset class.
  • Growing Market: Located in the Cleveland, TX area, benefiting from rapid population growth and increasing rental demand.
  • Strong Financial Performance: Minimal operating expenses with tenants responsible for their own utilities; owner primarily pays property taxes.
  • Turnkey Investment: Low-maintenance setup ideal for passive investors or portfolio expansion.
  • Convenient Access: Close to major highways, local services, and community amenities, supporting long-term tenant retention.

EXECUTIVE SUMMARY

Prime income-producing opportunity in the rapidly expanding Cleveland, TX market. This fully occupied 5-unit mobile home property sits on approximately 1.52 acres and offers reliable, turnkey cash flow from day one. Each home is tenant-occupied, providing consistent monthly income with minimal landlord responsibilities. Tenants pay their own utilities, keeping operating expenses extremely low—limited primarily to annual property taxes—resulting in a strong cap rate and attractive returns.
The property is located in the South Park subdivision, an area experiencing ongoing residential and commercial growth, increasing rental demand, and long-term appreciation potential. Its proximity to major corridors and daily conveniences adds to its appeal for both residents and investors. With stable tenancy in place and opportunities for future value-add through rent adjustments, unit upgrades, or expansion (subject to buyer verification), this asset is ideal for both seasoned investors and those seeking a low-maintenance addition to their portfolio.
Whether you are building out your rental holdings or searching for a high-performing, hands-off investment, 264 County Rd 328 delivers dependable performance with room to grow.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $1,036,875 CAD
Price Per Unit $207,375 CAD
Sale Type Investment
No. Units 5
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Apartment Style Single-Family Home
Building Class C
Lot Size 2.52 AC
Building Size 5,750 SF
Average Occupancy 100%
No. Stories 1
Year Built 2012
Opportunity Zone Yes
  • Listing ID: 38319311

  • Date on Market: 2025-11-04

  • Last Updated:

  • Address: 264-366 County Road 328 N, Cleveland, TX 77327

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