Unlocking Opportunities: Mobile Home Park Investment
Unlocking Opportunities: Mobile Home Park Investment
With an emphasis on safeguarding capital and optimizing risk-adjusted returns, we also contribute to addressing America’s affordable housing challenge.
In Texas, Mobile Home Parks (MHPs) have been a popular real estate investment choice due to the state’s population growth, favorable business environment, and land availability. As with any real estate investment, the yield or return on investment (ROI) for MHPs in Texas will depend on a variety of factors, including location within the state, management quality, occupancy rates, and local economic conditions.
As of my last update in January 2022:
1. The cap rates for Mobile Home Parks in Texas generally ranged from 5% to 9%. However, this is a broad range and can vary based on specific locations and park quality.
2. High-demand areas or parks with superior amenities and management might fetch lower cap rates (indicating higher valuations), while parks in more rural areas or with deferred maintenance might have higher cap rates.
For the most recent and accurate data on MHP investment returns in Texas, it’s essential to consult with a real estate professional or broker specializing in Mobile Home Parks in the Texas market. They can provide insights tailored to the specific area or type of park you’re interested in.
