Contact Information
David Spina
RV Park/Campground Details
- Price: $3,865,000
- Purchase Method: Cash, New Loan
- Cap Rate: 8.0%
- Listing ID: 4581385
- Posted On: Mar 1, 2024
- Updated On: May 8, 2024
Description
Resting an hour north of the sprawling DFW metroplex, and nestled between Gainesville and Sherman just south of Lake Texoma, Whitesboro RV Resort is a newly built destination conveniently located on the frontage of HWY 82 that features high-quality amenities. In addition to grass and parking space for two vehicles, each one of the 85 full hookup pads has access to electricity, county water, and on-site septic. The resort also boasts forty sites for RV and boat storage, twenty of which are covered. Enjoy superb comfort and convenience at the guest clubhouse. Amenities include a gorgeous covered patio with a fire pit, three full bathrooms with showers, a fully-equipped laundromat, coffee bar, 24-hour ice and water vending, library, games, and Smart TV! Finally, a dog park, kids' playground, and BBQ grills with seating encompass the five-acre lake, adding to the extensive luxuries.
Welcome to your ultimate retreat.
*Note - The property is still in "Lease-up" and as of 4/8/2024 has hit occupancy of 70%
Location
From Dallas: North on HWY 75 to Sherman, then west on HWY 82.
From Fort Worth: North on Interstate 35 until Gainesville, then east on HWY 82.
Whitesboro RV Resort rests on HWY 82 frontage.
Amenities
- Laundromat
- Club House
- Storage
- Manager Office
- Bathhouse
- Wifi
Park Information
Number of RV Lots: | 85 |
Year Built: | 2023 |
Average RV Lot Rent: | $500 |
Size: | 18.9 acre(s) |
Financial Information (Pro Forma)
Gross Income: | $614,862 |
Operating Expense: | $306,800 |
Net Operating Income: | $308,061 |
Expense Ratio: | 49.9 % |
Utility Information
Water: | City |
Sewer: | Septic |