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Whispering Pines 828 E State Highway 71

29 Unit Mobile Home Park £4,330,728 (£149,335/Unit) Bastrop, TX 78602

Investment Highlights

  • 6- Plex Building: The units are 1000-1200 sq. ft and are all 2bd/1ba with large kitchens, living areas, and views. The roof is about 7 years old. The
  • 5 Modular Homes: Are 1100 sq. ft with 3bd/2ba and large living areas and kitchen.
  • 10 Tiny Homes/ RVs: Are large 200-300 sq. ft spaces with 1bd/1ba and reasonable size living areas. RVs have no roof leaks and in the process of puttin
  • 1 Modular Home: Is 900 sq. ft with 2bd/2ba
  • 4 Embedded Modular Homes: Are 800 sq.ft with 2bd/1ba

Executive Summary

This 5.33-acre commercial property offers a prime investment opportunity just outside Bastrop city limits. Located directly on Highway 71, the site includes a 6-plex, 10 anchored modular homes, 10 RVs, and 3 RV spaces. Tenants handle their own
utility expenses, billed monthly. On-site maintenance is managed by a resident couple in exchange for RV rent, utilities,
and a monthly stipend. Neighboring commercial developments and high-traffic visibility make this property an ideal choice for
potential billboard and food truck income. Rents are below market, with a 15-20% increase feasible as well as potential for
billboards and food trucks. Positioned near gas stations, retail, and the rapidly developing growth, this property presents
substantial growth and income potential.

Property Facts

Price £4,330,728
Price Per Unit £149,335
Sale Type Investment
No. Units 29
Property Type Residential
Property Subtype
Manufactured Housing/Mobile Home
  • Apartment Buildings
Building Size 17,600 SF
Number of Floors 2
Year Built 1995
  • Listing ID: 33950950

  • Date on Market: 21/11/2024

  • Last Updated:

  • Address: 828 E State Highway 71, Bastrop, TX 78602

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