Instant cash flow opportunity located at 412 E. Houston Street in Kenedy, TX, this stabilized 7-unit manufactured housing community is 100% leased to Select Energy at $1,750 per month per unit (each valued ~$40k), generating a total of $12,250 per month in rental income from a single corporate tenant. Built in 2014 and maintained in excellent overall condition, the community offers the reliability of a corporate-backed, fully occupied income stream with minimal management complexity. The site spans approximately 1.6 acres and is zoned MH-1 (Manufactured Housing), with well-kept grounds and paved interior access. A corporate tenant like Select Energy brings the kind of payment consistency that individual tenant parks typically cannot match, making this an especially attractive acquisition for investors seeking low-risk, stabilized cash flow in the South Texas energy market. This community represents a turnkey opportunity with a strong existing income profile with a tenant that has been on site for over 5 years.
| MLS # | 1120237 |
|---|---|
| Listing Type | For Sale |
| Style | Mobile Home Park |
| Sub-Type | Resale |
| Status | Active |
| Year | 2014 |
| Days On Site | 39 |
| Listing Provided By | All Hands Real Estate | Chris Kappmeyer |
| SQ Feet | 7 |
|---|---|
| Building(s) | 7 |
| Acreage | 1.60 |
| Cooling | See Remarks |
|---|---|
| Heating | See Remarks |
| Flooring | See Remarks |
| Construction Materials | See Remarks |
|---|
| Parking Features | See Remarks |
|---|
| Utilities | Electricity Connected |
|---|---|
| Sewer | Public Sewer |
| List Aor | Austin Board Of Realtors |
|---|
| Property | 2620 |
|---|
| State | TX |
|---|---|
| County | Karnes |
| City | Kenedy |
| Zip Code | 78119 |
| Area | Out of Area |
| Community Name | Thulemeyer & Kauffman Add |
| Listing VS Median (in Thulemeyer & Kauffman Add) | |
Price: $899,000 low | high Med: $899,000 sqft: 7 low | high Med: 7 $ / sqft: $128,429 low | high Med: $128,429 On site: 39 low | high Med: 39 | |
| State | TX |
|---|---|
| County | Karnes |
| City | Kenedy |
| Zip Code | 78119 |
| Area | Out of Area |
| Community Name | Thulemeyer & Kauffman Add |
| Listing VS Median (in Thulemeyer & Kauffman Add) | |
Price: $899,000 low | high Med: $899,000 sqft: 7 low | high Med: 7 $ / sqft: $128,429 low | high Med: $128,429 On site: 39 low | high Med: 39 | |