RV Park/Campground Details
- Purchase Method: Cash
- Listing ID: 1315983
- Posted On: Aug 31, 2020
- Updated On: Apr 15, 2021
Description
Newcor Commercial Real Estate is pleased to present a unique, stabilized, turn-key investment opportunity in Coldspring, Texas.
Located on 2080 FM 222, you will find an immaculate 15 pad RV Park that hosts a Horse Hotel, walking trails, dog parks, outdoor recreational area to enjoy games such as corn hole/horse shoe alongside seasonal fire pits, on-site laundromat, his/her bathrooms and showers, hammocks, on-site managers quarters, a general store and much more!
Location
Highway road frontage on FM 222. This park is mostly cleared. 8" crushed limestone. City water, septic spray field for sewer. Major value add in the potential to add additional RV pads. The adjacent owner has also agreed to sell her 7 acres to make for the perfect value add land play by expanding this park into a 100+ unit operation.
Amenities
- Laundromat
- Manager Office
- Store
- Wifi
Park Information
| Number of RV Lots: | 15 |
| Year Built: | 2016 |
| Average RV Lot Rent: | $375 |
| Size: | 10.0 acre(s) |
Financial Information (Actual)
| Gross Income: | $73,947 |
| Operating Expense: | $31,889 |
| Net Operating Income: | $42,057 |
| Expense Ratio: | 43.1 % |
| Debt Info: | No Debt - Free & Clear |
Utility Information
| Water: | City |
| Sewer: | Septic |
