Active
MHP/MHC
2100 East Gayle Avenue, Harlingen, TX, USA
$7,200,000
Lazy R Family Park
Property Description
Jennifer Stein Real Estate, Inc. in conjunction with MHP Brokerage is pleased to present for sale Lazy R Family Park. This well-maintained, all-age mobile home park at 2100 E Gayle Ave, Harlingen, TX 78550, offers a compelling investment opportunity with 84 spaces and 100% occupancy. Currently, 61 homes are owned by the park, which provides stable and predictable cash flow from long-term tenants. With no deferred maintenance, this property is in excellent condition and presents a turnkey investment with minimal immediate capital expenditures. Located in Harlingen, a growing city in the Rio Grande Valley, the park benefits from the area's strong economic fundamentals, including its role as a transportation and healthcare hub. Harlingen has experienced steady population growth, driven by affordable living costs, a favorable climate, and a diverse economy. The demand for affordable housing remains strong in the region, and the park's family-friendly environment makes it an appealing option for a wide demographic. Additionally, Harlingen’s proximity to major highways and the Mexico border provides both economic opportunities and continued population growth, making this an ideal location for long-term investment potential.
Investment Highlights
Seller financing available up to $2M
SITES: 84
DOH: 61
OCCUPANCY: 100%
LAND AREA: 7.2 acres
YEAR BUILT: 1940
COMMUNITY DESIGNATION: "All Age" Family