Colorado City Village is a fully improved, infill ready manufactured housing community located in Mitchell County, Texas, positioned to serve both traditional manufactured housing residents and workforce/extended stay housing demand. The community includes 64 fully developed, shovel ready home sites with infrastructure in place, providing a buyer the ability to execute immediate lease-up and infill without the delays and costs associated with raw land development.
The property currently generates in place income from three park owned homes (POHs), providing revenue during the lease-up phase. The primary value creation opportunity is the stabilization of the community through a hybrid strategy that includes resident owned home pad leasing, optional expansion of additional POHs, and contractor/workforce occupancy supported by regional employment activity. This flexible approach aligns with the property’s public facing brand and enables multiple absorption paths depending on market response.
Colorado City Village offers investors a rare combination of existing infrastructure, in place cash flow, and significant upside through a scalable infill and lease-up plan.
- 64 Fully Developed Pads – Immediate Infill & lease-up Opportunity: 64 improved, shovel ready home sites currently vacant, creating direct upside through pad absorption and stabilization.
- Hybrid Demand Profile (Resident + Workforce/Extended Stay): Positioned to serve both traditional manufactured housing residents and workforce/extended stay tenants, supporting a blended stabilization strategy.
- In Place Cash Flow via Park Owned Homes: Current revenue is generated by three park owned homes, providing operational continuity and income during lease-up.
- Infrastructure & Entitlements Already in Place: Buyer avoids typical horizontal development timelines and capital exposure; the property is positioned as “plug and play” for infill execution.
- Attractive Stabilized Rent Potential: Stabilized performance is driven by leasing developed pads at projected competitive lot rents (pro forma upon lease-up)
- Utility Expense Controls Embedded in Lease Structure (POHs): POH leases include a monthly utility allowance model with tenant reimbursement for overages, reducing operating risk and supporting margins.
- Multiple Execution Paths: Stabilize through resident owned homes, expand POH inventory, furnish homes for contractor demand, or operate a blended approach depending on market conditions.
- Established Public Facing Brand & Marketing Presence: Website and consumer messaging already position the asset as a community offering lots and housing, supporting lease-up lead generation.
