RV Park/Campground Details
- Purchase Method: Cash, New Loan
- Cap Rate: 9.4%
- Listing ID: 1361684
- Posted On: Nov 30, 2020
- Updated On: Jan 17, 2022
Description
!! Price is negotiable and around local region comparables!!
Lake Livingston RV Park is a peaceful, tree filled RV Park that provides guests with relaxation, shade and scenic views. The RV Park offers a resort style pool area, a campfire ring with handmade adirondack chairs, free WIFI, as well as an onsite laundry room. All sites have full hook ups and will accommodate any RV model. Attached with the RV Park is a Propane Dispensary and office building. Also a highly profitable coffee shop is located at the front corner of the property. Coffee Shop building could be turned into office or other business space.
The future business potential for this highly visible, large highway frontage property are endless. The location of this property is very attractive as it's located within 3 miles of Lake Livingston and 5 miles from Interstate Highway I-69/ I-59 with a 45 minute drive from Houston and from the Woodlands/Conroe area just over and hour drive from Interstate Highway I-45, and within a 15 minute drive between the resort towns of Onalaska and Livingston. The RV Park has had a high level of confirmed bookings year round. This RV Park has the potential to expand to double the sites with future expansion. This part of Texas is booming in population and demand for recreational property is a sure investment. Buy in this area before being priced out completely. Endless opportunities await the next buyer of this fantastic RV Park and property!
Look at our Facebook page https://www.facebook.com/LakeLivingstonRvPark/
http://www.LakeLivingstonRVPark.com/
https://silverferncoffeeshop.com/
Location
Unrestricted, Opportunity Zone
Amenities
- Laundromat
- Pool
- Storage
- Manager Office
- Store
- Wifi
Park Information
Number of RV Lots: | 42 |
Year Built: | 2007 |
Average RV Lot Rent: | $480 |
Size: | 10.5 acre(s) |
Financial Information (Actual)
Gross Income: | $612,004 |
Operating Expense: | $390,276 |
Net Operating Income: | $221,728 |
Expense Ratio: | 63.8 % |
Debt Info: | Free and Clear |
Utility Information
Water: | Well |
Sewer: | Septic |