Investment Overview

Marcus & Millichap is pleased to present Madisonville Mobile Home Park, a 30-space mobile home community in Madisonville, Texas. The park is strategically positioned along the I-45 corridor, the primary north–south highway connecting Dallas and Houston (approximately 90 miles from Houston and 140 miles from DFW), providing strong regional connectivity and consistent traffic flow. The property is also located less than 3 miles from major national retail anchors including Buc-ee’s and Walmart, reinforcing strong convenience-driven demand in the immediate area. Madisonville Mobile Home Park is being offered at a 8.27 percent capitalization rate with an estimated net operating income of $90,956. The park is comprised entirely of 29 tenant-owned mobile homes with one vacant space available for infill. Current lot rent is $300 per month, supporting stable in-place income with minimal operational oversight. The park has historically maintained 100% occupancy with a strong collection track record, consistently achieving 100% rent collection and no delinquency history. The Park operates on city utilities. The water, sewer, electric, trash, Wi-Fi, and cable services are all directly billed to the tenants. The owner's only recurring expenses are management, property taxes, and insurance. The manager lives offsite and is compensated $200 per month for rent collection duties. Please do not visit the park without prior approval. Please arrange property tours with Marcus & Millichap listing agents.