RV Park/Campground Details
- Purchase Method: Cash, New Loan
- Cap Rate: 7.0%
- Listing ID: 1623311
- Posted On: Mar 14, 2022
- Updated On: Jan 11, 2023
Description
JTACR Real Estate Group is pleased to present Port Arthur RV Resort: a 134-site community located in Port Arthur, TX, Cajun Capital of Texas.
The community is advantageously positioned directly off of FM 365 just outside of the city of Port Arthur, providing easy access to town, but also providing it's customers with a more peaceful, quiet living atmosphere.
Port Arthur is not only in the top 20 U.S. port cities, it is also centrally located between Lake Charles, Beaumont, and Houston. This ensures a thriving job market, as well as a well trafficked region.
Port Arthur RV Resort is zoned PD-12 (light commercial) and is situated within the city limits of Port Arthur, which gives the added benefit of City hookups for both Water and Sewer.
The customers of the resort benefit from the extensive amenity package that is offered. Complimentary Wifi, Laundry, Showers, Restrooms, Dog Park, a Texas - shaped swimming pool, community center (Brand new, Expansive gym; Huge game room with ping pong tables, TV, all Brand new furniture); pavilions, picnic tables, grills, Good Sam Discounts.... All of these are accessible for every customer. Large, pull through sites and concrete pads help make the customers' experience practical but also luxurious.
Current ownership features state of the art facilities, award winning operations (10 years in a row!), and historical stability showing the strength of the business and the market.
Upside options for the next owner includes an expansion (engineering plans already completed), site upgrades, and utility bill back - thereby presenting investors with the opportunity to acquire a well-maintained community with immediate upside options.
Amenities
- Laundromat
- Pool
- Club House
- Manager Office
- Bathhouse
- Wifi
Park Information
Number of RV Lots: | 134 |
Year Built: | 2012 |
Average RV Lot Rent: | $650 |
Size: | 19.2 acre(s) |
Financial Information (Actual)
Gross Income: | $977,393 |
Net Operating Income: | $556,071 |
Utility Information
Water: | City |
Sewer: | City |