Eastgate MHP

.Eastgate MHP is a 98-site manufactured housing community located at 6108 LTjg Barnett Rd, Fort Worth, TX 76114, within one of the most dynamic and rapidly expanding metropolitan areas in the country. The offering also includes an on-site retail building totaling 4,416 rentable square feet, providing an additional income stream alongside the residential operations. The community maintains a strong 94% occupancy rate, supported by residents who value affordability, convenient access to major transportation routes, and proximity to established retail corridors. With current average lot rents of $547, more than $150 below comparable communities, Eastgate offers meaningful upside through strategic rent positioning. The property operates on municipal water and sewer, both billed back to residents, creating an efficient utility structure. Situated on 7.71 acres with asphalt roads and a high percentage of tenant-owned homes, the community benefits from reduced capital expenditure requirements and streamlined long-term operations. Generating $748,752 in annual revenue and an in-place NOI of $357,294, Eastgate provides a strong financial foundation with multiple avenues for growth across the residential and retail components. Underwritten projections highlight NOI increasing to $534,929 in Year 1 and approaching $600,000 by Year 2, driven by rent alignment, continued utility reimbursement, and ongoing operational refinement. The inclusion of the retail building enhances diversification and supports long-term income stability. With its below-market rents, stabilized occupancy, and strategic Fort Worth location, Eastgate MHP represents a compelling opportunity to acquire a well-performing asset with clear pathways to value creation and long-term performance.