RV Park/Campground Details

  • Purchase Method: Cash, New Loan
  • Listing ID: 1286734
  • Posted On: Jul 12, 2020
  • Updated On: Oct 10, 2020

Description

Income producing property. Investors vision! Currently a family run and operated campground business known as Medina River RV Park and Camping. This private 2.86 acre campground has 13 full-hookup RV sites with the option to put in 12 more full hookup sites. This RV park has huge growth potential and is in its prime infancy stages, ready for an investor to continue building it while pulling in income. Just over an acre still undeveloped. Other amenities include an operational well system (city water also an option), 4-Septic systems, a bathroom/shower privy, laundry facility (currently being installed), storage sheds/40' Shipping container, several car/RV ports, picnic tables, fire rings, Fiber optic internet/wifi, several access to LMSOA pool and parks, over 4 access areas to the Medina River and several boat launch areas. There is also a convenient store called the Copper Lantern just down the road. Approximately 12 minutes to the Cowboy Capital town of Bandera. Enjoy the stars, wild life/deer that pass thru your site, the medina river/lake and country living on this peaceful oasis away from the city. Live on site in your RV, while generating wealth! Call to set up an appointment or drive by to check it out.

Location

605 Lakeshore Ln.
Bandera, TX 78003

Amenities

  • Laundromat
  • Pool
  • Storage
  • Boat Access
  • Manager Office
  • Bathhouse
  • Wifi
Interested in purchasing this RV park? Get pre-qualified for a loan.

Park Information

Number of RV Lots: 13
Year Built: 2018
Average RV Lot Rent: $450
Size: 2.9 acre(s)
Development Land: This is land for developing a RV park.

Financial Information

Gross Income: $45,500
Operating Expense: $14,500
Net Operating Income: $31,000
Expense Ratio: 31.9 %
Debt Info: Any loan incurred by buyer would need to be factored in expense

Utility Information

Water: Well
Sewer: Septic