RV Park/Campground Details
- Purchase Method: Cash, New Loan
- Cap Rate: 5.5%
- Listing ID: 2031618
- Posted On: Feb 9, 2023
- Updated On: Aug 14, 2023
Description
Brand new RV park located on a 3.523 acre creek lot in the middle of one of the fastest growing cities in America. (3) one acre+ creek lots with trees.
Brand new Mobile home on one of the lots which is rented for $1500 a month and that couple maintains the property. There is ONE Premium 1/4 acre RV spot that rents for $1500 a month which can accommodate a Park Model.
Upgraded Low Dose Septic. Added 1,000 gal trash tank to first row of 9, then upgraded 2nd trash tank to 2,000 gal, Aerobic 1500 gal and discharge tank 2,000 gal.
Old Barn and 3 shipping containers onsite.
20x30 Clubhouse. Full bathroom, walk in shower w head set at 6'8". Spray foamed, luxury vinyl tile, bead board and distressed wood paneling on ceiling.
Location, Location, Location. This site can be redeveloped at a later date if desired. This is a beautiful creek lot.
Wilmeth RD & Custer - FM2478 intersection is at end of my road. Imagine having 3.523 acres at corner of any major intersection. I also have another 1.349 acre lot that is negotiable with the sale. Total of 4.872 acres.
Location
Middle of McKinney, Texas. 1.5 miles North on Custer from the Custer & Hwy 380 intersection. Location, Location, Location
Amenities
- Laundromat
- Club House
- Wifi
Park Information
Number of RV Lots: | 20 |
Year Built: | 2023 |
Average RV Lot Rent: | $995 |
Size: | 3.4 acre(s) |
Financial Information (Pro Forma)
Gross Income: | $200 |
Net Operating Income: | $200 |
Debt Info: | N/A |
Utility Information
Water: | City |
Sewer: | Septic |