Texas 33-Site MHC – Strong Sun Belt Demand
Description
33-site park in a high-growth Texas MSA. New homes allowed; expansion potential. Current lot rents at market; upside from new home sales and rent growth.
Metrics
- CoCR
- 8.2%
- Target IRR
- 14%
- Hold period
- 7–10 years
- Tax depreciation
- 0.6-0.87x
Sponsor
WAREI WA Real Estate
Washington
WAREI focuses on mobile home parks and RV parks across the Sun Belt, with a track record in lot rent growth and operational value-add.
View sponsor profileDeal Bridge
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Common Questions
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