264 – 366 County Rd 328

This 5-unit mobile home property is fully occupied and already producing stable income, making it a true turnkey investment. With tenants paying their own utilities and the owner responsible only for low annual property taxes, operating expenses are minimal. The strong cap rate, reliable tenant base, and 1.52-acre lot in a growing Cleveland submarket create both immediate cash flow and long-term appreciation potential.

Property Details

Price

750,000

Lot Size

2.52 acres

Type

Multi-Family

Category

For Sale

Sub Type

Residential

Type

Multi-Family

Investment Highlights

  • 5 mobile homes on one property — fully leased with stable, long-term tenants
  • Strong cap rate with minimal operating expenses (tenants pay their own utilities)
  • Turnkey, low-maintenance asset ideal for passive investors
  • Located in a rapidly growing Cleveland submarket with rising rental demand
  • Convenient access to major highways and local amenities
  • Value-add potential through rent increases, unit upgrades, or future expansion

Agents

 

Farid Chatur

License #: 599697

Phone #: 832-282-0224

Location

Address

264 – 366 County Rd 328

City

Cleveland

State

Texas

Zip Code

77327

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