RV Park/Campground Details

  • Purchase Method: Cash, Seller Financing, New Loan
  • Cap Rate: 6.5%
  • Listing ID: 1474693
  • Posted On: Jul 11, 2021
  • Updated On: Aug 27, 2021

Description

20 Space RV park on the San Jacinto river. 10 minutes from the airport. 30 to downtown Houston. Country living in the city. Stays full year round. New bath house and electrical service. River home has all new custom upgrades. Upper and lower decks face the river, and trees. Restaurants, shops, Costco all just five minutes away.

Location

Humble, Texas

Amenities

  • Laundromat
  • Boat Access
  • Manager Office
  • Bathhouse
  • Wifi
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Park Information

Number of RV Lots: 20
Year Built: 1994
Average RV Lot Rent: $560
Size: 2.2 acre(s)

Financial Information (Actual)

Gross Income: $156,000
Operating Expense: $28,325
Net Operating Income: $127,675
Expense Ratio: 18.2 %
Debt Info: None

Utility Information

Water: Well
Sewer: Septic

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