Stabilized 20-Site MHC

Live Oak Communities at 1021 Ashberry Avenue, New Braunfels, TX 78130 offers a rare opportunity to acquire a stabilized, income-producing residential portfolio in one of Texas’ most dynamic growth corridors.​ Spanning approximately 65 acres in the heart of New Braunfels, the property blends 157 manufactured home lots, 45 Beau Village Cottages park model rentals, 84 Secret Squirrel garage units, and an additional single-family home into one diversified, turn-key investment.​ This high-occupancy asset is designed for durable cash flow, supported by multiple revenue streams and strong demand for attainable housing along the I-35 corridor.​ The community benefits from a long-term resident base, a rent-to-own component, and below-market rents that provide compelling upside through future rent optimization.​ Residents enjoy attractive on-site amenities including two swimming pools and a basketball court, while the location offers quick access to Downtown New Braunfels, Loop 337, I-35, San Antonio, and Austin.​ With operational stability, built-in ancillary income, and strategic positioning in a high-growth market, Live Oak Communities stands out as a resilient and scalable investment opportunity.​

Marcus & Millichap is pleased to present the exclusive offering of Baldwin Mobile Home Manor and Palm City Mobile Estates, a two-asset, 159 space manufactured housing portfolio located in the Rio Grande Valley. The two assets are positioned, respectively, in the Texas cities of McAllen and San Juan. Located less than four miles apart, the proximity between the two communities creates operational efficiencies and contributes to strong occupancy in this high-demand, border region market. Furthermore, both assets offer immediate access to key transportation routes, including Highways 2 and 281, and provide residents with excellent connectivity throughout the region. The locations likewise offer exceptional access to a wide variety of grocery, retail, dining, leisure, and employment options, meeting the needs of tenants and supporting long-term stability. The South Texas - Two Park Portfolio is being offered at a 8.07 percent capitalization rate with an estimated net operating income of $637,167. The portfolio includes 123 tenant-owned homes, 25 RV spaces, 7 apartment units, 3 fixed structures, 7 storage units, 1 warehouse, and 1 vacant mobile home space, for a total of 167 rentable units. The current lot rent at Baldwin Mobile Home Manor is $485 per month. At Palm City Mobile Estates, current lot rents are $435 per month for single-wide homes and $465 per month for double-wide homes. Both communities are served by city water and sewer systems, which are sub-metered and billed directly back to tenants. Trash service is also billed back, and electricity is billed directly to tenants by the utility provider. Operations are supported by an on-site manager at each property, along with a dedicated maintenance technician serving both locations. Please do not visit the park without prior approval. Please arrange property tours with Marcus & Millichap listing agents.

Sunstone Real Estate Advisors is pleased to present Cottages of Tyler, a 54-site manufactured housing community located in Tyler, Texas. The community maintains a strong base of occupied homes while retaining additional upside through several vacant community-owned homes. The property includes a mix of community-owned rentals and LWO homes, providing ownership with flexibility across the resident base. Current operations offer stable in-place income with a clear path to further stabilization through lease-up of the remaining vacant homes. Cottages of Tyler is well positioned for an operator seeking an established community with manageable value-add potential. Located in the Tyler market, the property benefits from its position within one of East Texas' primary employment, healthcare, education, and retail centers. Tyler serves as a regional hub for the surrounding communities and offers convenient access to major transportation corridors connecting the area with Dallas and other East Texas markets. The area's broad employment base and comparatively affordable cost of living support continued demand for attainable housing options. At the property level, the primary opportunity is to increase occupancy while continuing to improve rents and operating efficiency over time. Financial projections assume the community reaches near-full occupancy through the lease-up of existing vacant homes, creating a straightforward value-add strategy centered on lease-up, rent growth, and operational improvement.

Introducing the Liberty MH & RV Investment Portfolio, a unique opportunity to acquire two complementary income-producing assets in the rapidly expanding Houston metropolitan corridor. Offered as a single portfolio, the properties combine stable cash flow with meaningful upside through continued lease-up and operational improvements. The portfolio consists of a 53-site Mobile Home Park featuring 45 park-owned homes and 8 tenant-owned homes, together with an 89-site full-hookup RV park, 42 storage units, park-owned RV rentals, an on-site laundry facility, and a manager's residence. The Mobile Home Park demonstrates strong historical performance with approximately 95% occupancy for park-owned homes and 100% occupancy for tenant-owned homes. The RV and storage property offers significant value-add potential through increased occupancy and continued stabilization. Combined trailing twelve-month financial performance includes: • Gross T-12 Income: $781,234 • Historical NOI: $609,695 • Adjusted NOI: $496,416 • Average Monthly Adjusted NOI: Approximately $41,368 Located in Liberty, Texas, along the Highway 90 corridor, the portfolio benefits from convenient access to Houston, Baytown, Dayton, and Beaumont while serving a growing regional workforce supported by industrial, manufacturing, petrochemical, logistics, and energy-related employers. Property improvements include full-hookup RV infrastructure, storage facilities, park-owned rental inventory, an on-site laundry facility, and a manager's residence with future income potential following improvements. Public utilities provide operational efficiency and simplify long-term management for the RV/Self Storage Park. While Septic and well services the Mobile Home Park. This offering presents investors with the opportunity to acquire a diversified portfolio that combines stabilized income with additional upside through increased occupancy, operational efficiencies, and continued market growth. Comprehensive due diligence materials, including the Offering Memorandum, T-12 financial statements, and rent rolls, are available upon request. All information is provided for marketing purposes only and is believed to be reliable but is not guaranteed. Buyers are encouraged to conduct their own independent due diligence and verify all information material to their investment decision.

Beaumont RV & Marina is a 256-site property located in Beaumont, Texas. The property sits on 27.88 acres and offers a diverse site mix comprised of 81 RV lots, 93 storage units, 64 covered boat slips, and 18 open boat slips. The property operates on city water and sewer. Water, sewer, and trash are paid by the property, and electric is paid by residents. Amenities include Wi-Fi, restrooms, showers, laundry facilities, a volleyball court, a swing set, picnic tables, and ice. The property holds a Good Sam rating of 9/9*. Beaumont is located on Interstate 10 with access to U.S. Highways 90, 96, and 287, positioning the city roughly 90 miles east of Houston and giving the area access to more than 2.5 million people within a two-hour drive. The property's parcel runs along approximately 1,000 feet of Interstate 10, with the park entrance situated on the cross street that connects to the highway. The Port of Beaumont, a deep-water channel facility on the Neches River, anchors the regional economy alongside the city's petrochemical, energy, and medical sectors. Beaumont sits along the Neches River, known as the Last Wild River in East Texas, which flows through downtown Beaumont on its path to Sabine Lake. The river supports more than 200 tree species, 47 mammal species, and 300 bird species, and Collier's Ferry Park offers four public boat ramps nearby. The Texas Parks and Wildlife Department has officially designated the Cooks Lake to Scatterman Paddling Trail, a 4.8-mile loop through the Big Thicket National Preserve, as a state paddling trail, drawing paddlers and outdoor recreation visitors to the area.

Cozy Cove Mobile Home Community presents a rare opportunity to acquire a stabilized, high-occupancy asset located at 5215 Crestway Rd in the highly desirable Windcrest submarket of San Antonio. With a diverse revenue stream consisting of long-term mobile home tenants, a thriving tiny home enclave, and flexible RV infrastructure, Cozy Cove offers the kind of diversification rarely seen in assets of this size. Cozy Cove is not just a park; it is a stabilized cash-flow machine with clear \u201clow-hanging fruit\u201d for a sophisticated buyer. Whether you are looking to compress cap rates through professional management or capitalize on the immediate upside of rent adjustments, this asset is primed for performance. Strategically located in Windcrest, Texas, Cozy Cove benefits from convenient access to I-35 and Loop 410, connecting residents to San Antonio, San Antonio International Airport, and a wide range of retail, dining, and employment destinations. Founded in 1959, Windcrest is a distinctive residential community in Northeast Bexar County, known for its small-town atmosphere, mature live oaks, quiet streets, and strong civic character. Located at the intersection of I-35 and Loop 410, Windcrest offers convenient access to downtown San Antonio, San Antonio International Airport, Fort Sam Houston, and destinations throughout the region. Known as the “City of Lights,” Windcrest combines established neighborhoods, parks, recreation, and community amenities with convenient access to San Antonio’s employment, entertainment, and cultural destinations. Its annual Christmas Light Up tradition, which began in the late 1950s, remains one of the city’s defining attractions.