Log In/Sign Up
Your email has been sent.
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



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.
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 | Building Class | C |
| Price Per Unit | $207,375 CAD | Lot Size | 2.52 AC |
| Sale Type | Investment | Building Size | 5,750 SF |
| No. Units | 5 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Manufactured Housing/Mobile Home | Year Built | 2012 |
| Apartment Style | Single-Family Home | Opportunity Zone |
Yes
|
| 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 |
1 1
1 of 12
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Stable Cash-Flow Property – 5 Rental Homes | 264-366 County Road 328 N
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
