RV Park/Campground Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 99.0%
  • Listing ID: 1387115
  • Posted On: Feb 1, 2021
  • Updated On: Jun 2, 2021

Description

Small 15 space RV Park in Big Spring, TX. City Water, two brand new septic systems, ALL COVERED SPACES, WIFI, solar powered key pad entry gate, street lights, security cameras, recently redone roads, brand new water well drilled but not in use. Picnic area with crushed granite. Located on 15 acres. East side of property is city limit boundary, City septic might be a possibility. Owner is selling because of downturn in oil and gas activity, and Owner has recently moved from Permian to DFW. Pricing is based on acreage value in the area plus improvements, not on a cap rate. Current capacity is only 3 occupants of 15. Recent Price change per space to $575 per month and allowing nightly has increased call volume. I receive 3 calls per day with people looking to book here in april, but I often miss the calls due to my other job.

Amenities

  • Wifi
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Park Information

Number of RV Lots: 15
Year Built: 2019
Average RV Lot Rent: $650
Size: 15.0 acre(s)

Financial Information

Debt Info: no debt

Utility Information

Water: City
Sewer: Septic