CENTURY 21 Republic helps investors buy, sell, and evaluate RV parks, mobile home parks, and manufactured housing communities across Greater Houston and Texas. Broker and co-owner Jose Torres has direct experience with both property types.

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Who we work with

• Investors buying their first park
• Owner-operators ready to sell
• Investors adding to a portfolio
• Buyers completing a 1031 exchange (a tax-deferred swap of investment property)

What we analyze

• Income: occupancy and the mix of nightly, monthly, and long-term RV sites; lot rent versus park-owned homes in manufactured housing communities.
• Expenses and value: operating expenses, net operating income (NOI), and cap rate.
• Utilities: water, sewer or septic, and whether electric and water are submetered and billed back.
• Sites and infrastructure: site count, pad sizes, 30 and 50 amp hookups, roads, and expansion land.
• Zoning and permits: permitted use, floodplain status, and any licensing requirements.
• Operations: management, staffing, deferred maintenance, and amenities.

Selling your park

• Valuation based on verified income, expenses, and comparable sales
• Confidential marketing to qualified buyers
• National exposure through CENTURY 21 Commercial
• Buyer qualification and help through due diligence and closing

What investors can expect

• Higher yield, more work: RV parks typically trade at cap rates 0.5 to 1.5 percentage points higher than manufactured housing communities, reflecting seasonal demand and more hands-on operations.
• Strong camping demand: more than 52 million North American households went camping in 2025, generating $66 billion in local spending.
• Stable occupancy for communities: manufactured housing community occupancy has risen from about 86.5% a decade ago to nearly 94%.

Sources: RV park cap rates and growth assumptions from the Newmark 2026 North American Market Survey, as reported by BVWire (March 2026). Camping demand from the KOA 2026 Camping & Outdoor Hospitality Report. Manufactured housing figures from Matthews (February 2026). These are market benchmarks, not an appraisal of any property.

Frequently asked questions

How are RV parks and mobile home parks valued?

Mostly on net operating income and the cap rate buyers expect for similar parks. Upside such as vacant sites, below-market rents, or expansion land also matters.

What is the difference between lot rent and park-owned homes?

With lot rent, residents own their homes and rent the site. Park-owned homes add rental income but also add maintenance and management work, and many buyers value them differently.

Can I use a 1031 exchange to buy a park?

Often, yes, when you are exchanging one investment property for another. Talk with a qualified intermediary and tax advisor early, because the deadlines are strict.

Talk to us about RV parks and manufactured housing

Call 832-615-6742 or email info@c21republic.com. Back to commercial real estate →