08/24/2026
💫 JUST SOLD 💫 | Mobile Home Community in north Texas |
We received a call from this Seller, asking for our opinion of value in preparation to take this community to the market.
We provided our BOV. And made two calls.
Buyer 1 said no thanks, due to the individual lots.
Buyer 2 said, "Carrie, we want this. Don't let us lose it."
So we went and got it 👏
Sellers opted out of representation, so our company exclusively represented the Buyer for this transaction.
Throughout the due diligence, we learned that Buyer 2 had some additional competition. Competing Buyers were pitching to the seller "we'll pay $150,000 more than they're paying."
We worked through more fun stuff and a bit of hair on the deal, but we are proud of our client and excited for this new addition to their portfolio!
Deal Highlights: Alvarado Mobile Home Community
▫️Location - Wildwood Dr, Alvarado, TX 76009
▫️Deal Size - Price Undisclosed | 72 mobile home sites
▫️Premium real estate location - Inside city limits in central Alvarado
▫️Property Type - Mobile Home Community
▫️Representation by JTACR - Exclusive Buyer representation direct to Seller
▫️Deal Terms - Conventional Financing
▫️Details - 72 individually parceled lots | Below market rents | Zero park owned homes
▫️Buyer - West coast based Buyer with a national portfolio
JTACR Real Estate Group sourced the deal direct with the seller, who was a long standing connection and past client. With the individually parceled lots and the investor owned home dynamics, the deal had some complexity to it; but our Buyer client pushed through to successfully close this transaction.