Aerial view showing boundaries, office building, pads, rentals, rec area, club house, etc.

8 Suite Office Building

Front view

Front gate, park is entirely fenced with gate access only

Sign view from FM 730

Gate clicker or key code are the only ways to access the park

Club house with kitchen, bathrooms, laundry, and multiple rec rooms for guest usage

Lobby of office building

Office building conference room

Kitchen and one of the office building baths

Front area of one of the larger office suites

Back area of one of the larger office building suites

One of the Club House rooms

The "Texas Room" in the Club House

Coin operated laundry generates just under $7K/yr!

View down one of the aisles

Rec area, with seating, grille area, volleyball, and basketball

All of the furniture has been built by residents.

One of two dog parks

Propane filling station brings in over $7K/yr!

Satellite view showing gas stations, restaurants, Walmart, and stores nearby.

Aerial view

RV Park/Campground Details

Purchase Method: Cash, Seller Financing, New Loan
Cap Rate: 9.4% (Actual)
Listing ID: 1090389
Posted On: Jun 5, 2019
Updated On: Jun 3, 2020

Description

Turn key investment opportunity with room to grow! This RV park has been meticulously built from the ground up, beginning in 2016, and has room and infrastructure for 10+ more pads! Tenants here are all back ground checked, and have a real sense of community, with many being residents for 2+ years. All 7 septic systems have been installed since 2016, and the septic systems will sustain expansion and still be within the allowable gallon/day usage. There are currently 83 pads, 8 rental units, and an 8 suite office building built in 2016. There is also a rec area, a clubhouse, a dog park, a propane filling station, high speed (actual high speed!) wireless internet throughout, coin operated laundry, and a gym (paid membership). The tenants are very friendly and self-policing, making for a great little community. Property is fully fenced and gated.

In addition to 87 pads, here are the income producing assets which are conveying:
- 8 suite office building built in 2016
- Brick rental/duplex
- 4 rental trailers (3 single wides, 1 double wide)
- 1 Tiny house
- 1 4 room storage trailer
- 1 rental room in the clubhouse
- 2 storage trailers
- 5 rented sheds
- 4 rented pallet decks
- Paid overflow parking
- Propane filling station
- Coin operated laundry
- High speed wireless internet
- Gym

* Owner financing terms available
** Full financials available with signed NDA