RV Park/Campground Details
- Cap Rate: 7.0%
- Listing ID: 1149092
- Posted On: Oct 25, 2019
- Updated On: Feb 19, 2021
Description
Colliers Manufactured Housing & RV Group is pleased to present Summer Breeze USA Kemah RV Resort, with a total of 99 sites located in Galveston County in the Houston, TX MSA.
The property, which was built by an experienced RV Resort developer and operator, has recently stabilized after opening in November 2019. The property experienced a quick lease up with an approximate absorption of 12 sites per month despite the recent economic headwinds. Now that the property is stabilized, the rates can be increased to market providing short-term upside.
85% Current Occupancy
Please visit this link for more info and to access the Offering Memorandum & Due Diligence information: https://www.crexi.com/properties/266447
Location
Please visit this link for more info and to access the Offering Memorandum & Due Diligence information: https://www.crexi.com/properties/266447
Please visit this link for all of our current RV & MH Opportunities: https://www.crexi.com/properties?brokerOrBrokerage=Mike%20Nissley
Amenities
- Pool
- Club House
- Bathhouse
Park Information
Number of RV Lots: | 99 |
Size: | 6.5 acre(s) |
Utility Information
Water: | City |
Sewer: | City |