1520 E Sheppard Dr Gladewater TX 75647
For Sale
Price On Call


Mobile Village is a 33-lot, majority tenant-owned home community located at 1520 E Sheppard Dr in Gladewater, Texas — strategically positioned along the US-80 corridor between Longview and Tyler, two of East Texas’ most active employment hubs. The park operates at 90.9% occupancy with a 29% OER driven by a fully tenant-paid utility structure, generating a 2025 NOI of $64,418 on 2025 rents and a T12 NOI of $78,398 following the January 2026 rent increase to $300/month. The property is offered free and clear with majority tenant-owned homes, minimal management overhead, and approved expansion capacity for 7 additional sites. With rents meaningfully below comparable communities and a stable, long-term resident base, Mobile Village presents a straightforward acquisition with immediate income and a clear path to value creation.
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