| CREOP

We are pleased to offer an exceptional investment opportunity featuring two adjacent mobile home parks in the vibrant and rapidly growing Rio Grande Valley of Texas. This unique package includes two properties, each with 80 lots, providing a compelling blend of stability and long-term value add appreciation. Property Details: Park 1: Total Lots: 80 Occupied Lots: 64 Occupancy Rate: 80% Location: Situated in a prime area of the Rio Grande Valley, this park benefits from the region’s robust demand for affordable housing. Its strong occupancy rate highlights the park’s appeal and the stability of its rental income. Park 2: Total Lots: 80 Occupied Lots: 69 Occupancy Rate: 86% Location: Also located in the thriving Rio Grande Valley, this park boasts a higher occupancy rate, reflecting its strong market position and tenant demand. This park offers a solid foundation for continued growth and increased returns.

Strategic Location: Both parks are positioned in the Rio Grande Valley, a dynamic region known for its economic growth and increasing population. This area offers significant potential for long-term appreciation and sustained rental demand. Combined Occupancy: With an overall occupancy rate of approximately 83%, these parks provide a steady cash flow with substantial room for growth through lease-ups and rent adjustments. Market Demand: The Rio Grande Valley’s growing population and economic development make it a prime area for mobile home parks, ensuring high demand for affordable housing options. Value-Add Opportunities: There is significant potential to enhance value through operational improvements, property upgrades, and increased tenant satisfaction, which can drive higher rental income.

Economies of Scale: Investing in both parks offers the advantage of operational efficiencies and cost savings, which can improve overall profitability. Diversification: This investment provides diversification within the mobile home park sector in a single, high-growth region, reducing risk and enhancing potential returns. Community Growth: The Rio Grande Valley’s expanding infrastructure and community development present a promising backdrop for future investment growth and stability.

The properties are located in Mission and La Feria, Texas, a growing city in the Rio Grande Valley known for its diverse economy driven by agriculture, healthcare, and education.
They are situated near the US-Mexico border, providing unique cultural influences and trade opportunities. It is close to the McAllen-Hidalgo International Bridge, facilitating cross-border commerce.
The area around the properties features a mix of residential neighborhoods, commercial establishments, and recreational areas. Nearby attractions include the World Birding Center, Bentsen-Rio Grande Valley State Park, and the Mission Historical Museum.
The Rio Grande Valley benefits from a strategic location along major transportation routes, including Interstate 2 and U.S. Route 83, enhancing accessibility for residents and businesses alike.
Both Mission and La Feria have seen steady population growth and economic development, making it an attractive location for real estate investment and business expansion.