RV Park/Campground Details
- Purchase Method: Cash, New Loan
- Cap Rate: 1.1%
- Listing ID: 2890440
- Posted On: May 11, 2023
- Updated On: Jul 28, 2023
Description
LAKE LBJ - HILL COUNTRY Brand new RV Park! 2.53 Total acres. Investment opportunity with all necessary permitting in place. 2.53 acres with 33 ready to use RV spaces with all utilities including high speed fiber internet and digitally metered electric pedestals with a 20 amp GFCI, plus a 30 and 50 amp plug. Currently leasing RV spaces @ $500 per month. Brand New Utility Building on site. Utility On-site building material is included in price. PLEASE KEEP IN MIND THE PICTURES ATTACHED WERE TAKEN A FEW MONTHS BACK AND MANY IMPROVEMENTS HAVE BEEN DONE TO THE PROPERTY SINCE THEN. Convenient to shopping, dining, wineries and coffee shops. Short walk to Lake LBJ & lakeside park with boat ramp & boat tie up slips, public fishing dock, & daily parking available. We are in the very desirable Hill Country of Texas. 45 Minutes from Fredericksburg, Georgetown, and 1 hour to Austin.
Location
Convenient to shopping, dining, wineries and coffee shops. Short walk to Lake LBJ & lakeside park with boat ramp & boat tie up slips, public fishing dock, & daily parking available. We are in the very desirable Hill Country of Texas. 45 Minutes from Fredericksburg, Georgetown, and 1 hour to Austin. PLEASE KEEP IN MIND THE PICTURES ATTACHED WERE TAKEN A FEW MONTHS BACK AND MANY IMPROVEMENTS HAVE BEEN DONE TO THE PROPERTY SINCE THEN.
Amenities
- Manager Office
- Wifi
Park Information
Number of RV Lots: | 33 |
Year Built: | 2022 |
Average RV Lot Rent: | $500 |
Size: | 2.5 acre(s) |
Financial Information (Pro Forma)
Gross Income: | $16,500 |
Operating Expense: | $3,000 |
Net Operating Income: | $3,000 |
Expense Ratio: | 18.2 % |
Utility Information
Water: | City |
Sewer: | City |