RV Park/Campground Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 9.4%
  • Listing ID: 2926255
  • Posted On: May 16, 2023
  • Updated On: Aug 7, 2023

Description

Big Mesquite RV Park is a 2011-built park located in Three Rivers, Texas. The property is strategically located in the Eagle Ford Shale energy sector with immediate proximity to the Valero Three Rivers Refinery and the Choke Canyon Reservoir. The park operates on city water and aerobic septic with sub-metered electric allowing for bill backs.

The park provides essential amenities that include a large laundry room, a single stall bathroom with shower, and free WiFi throughout the 25 acres. Dogs and children are welcome with a fenced dog park and playground area. There is a large pavilion that hosts yearly community events and a mail center for long term guests.

The welcome center includes two offices and a small kitchen for management. The existing Park Host is open to staying on board for new ownership.

- Below market rates
- Day one 9.40 % CAP Rate
- Sub-metered electric
- Area for expanding amenities

Amenities

  • Laundromat
  • Club House
  • Manager Office
  • Bathhouse
  • Wifi
Interested in purchasing this RV park? Get pre-qualified for a loan.

Park Information

Number of RV Lots: 102
Year Built: 2011
Average RV Lot Rent: $295
Size: 25.0 acre(s)

Financial Information (Actual)

Gross Income: $227,843
Operating Expense: $131,213
Net Operating Income: $96,630
Expense Ratio: 57.6 %

Utility Information

Water: City
Sewer: Septic

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